NGDC shareholders OK 5% dividend for 2022

19/06/2023 Argaam
Logo ofNatural Gas Distribution Co. (NGDC)

Logo of Natural Gas Distribution Co. (NGDC)

Shareholders of Nomu-listed Natural Gas Distribution Co. (NGDC) gave the go-ahead for the board’s recommendation on a 5% cash dividend, or SAR 0.5 per share, for 2022, during the ordinary general meeting (OGM) held on June 18.

 

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

July 11, 2023
 

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