Natural Gas Distribution shareholders to vote on 5% dividend for 2022 on June 18

25/05/2023 Argaam

Natural Gas Distribution shareholders to vote on 5% dividend for 2022 on June 18

Logo of Natural Gas Distribution Co.

Shareholders of Natural Gas Distribution Co. (NGDC) will vote on the board’s recommendation to pay a 5% cash dividend, or SAR 0.5 per share, for 2022, during the extraordinary general meeting (EGM) scheduled for June 18, according to a statement to Tadawul.

 

Dividend Details (2022)

Current Capital

SAR 50 mln

Number of Shares

5 mln

Total Dividend

SAR 2.5 mln

Percentage of Capital

5% (SAR 0.5/share)

Record Date

June 18, 2023 (Shareholders of record and those registered with Edaa at the end of the second trading day following the record date)

Payment Date

To be determined

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