The new capital will be raised by granting shareholders a bonus share for every five shares held. The board has also recommended a dividend distribution for the second half of the year of SR2 ($0.54), less than half the dividend for the first half of the year. The total dividend for the year is SR7.5 ($2.0). Sabic’s share price dropped 3 per cent to SR119 ($31.9) on 30 December, the day of the capital raising and dividend announcement.