Riyadh - Mubasher: Arabian Aramco Total Services Company (AATSC) announced that the board of directors of its parent company Saudi Aramco Total Refining and Petrochemical Company (SATORP) recommended the distribution of dividends for the 2016.
The board recommended the distribution of cash dividends to its two shareholders, the Saudi Arabian Oil Company and Total Refining and Chemicals Saudi Arabia, with a total amount of SAR 450 million, distributed over the total number of shares of 825 million, at SAR 0.55 per share, representing 5.5 % of the nominal value.
The date of eligibility and distribution will be announced later, the statement indicated.