GASCO plans 7% cash dividend for H2 2017

02/11/2017 Argaam

 

National Gas and Industrialization Co.’s board of directors has recommended a 3.5 percent cash dividend to be issued at the rate of SAR 0.35 per share for the third and fourth quarters of 2017.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 750 mln

Number of shares

75 mln

Cash dividend for Q3

SAR 26.25 mln

Percent capital

3.5% (SAR 0.35/share)

Record date

Nov. 5, 2017

Payment day

Nov. 19, 2017

Cash dividend for Q4

SAR 26.25 mln

Percent capital

3.5% (SAR 0.35/share)

Record date

Dec. 17, 2017

Payment day

Dec. 28, 2017

Cash Dividend Details (FY 2017)

Cash dividend

SAR 105 mln

Percent capital

14% (SAR 1.4/share)

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