Natural Gas board proposes 5% cash dividend for 2023

16/05/2024 Argaam
Logo ofNatural Gas Distribution Co. (NGDC)

Logo of Natural Gas Distribution Co. (NGDC)

Natural Gas Distribution Co.’s (NGDC) board of directors recommended, on May 15, a cash dividend at 5%, or SAR 0.5 a share, for 2023, according to a statement to Tadawul.

 

Dividends Details (2023)

Current Capital

SAR 50 mln

No. of Shares

5 mln

Total Dividends

SAR 2.5 mln

Percentage of Capital

5% (SAR 0.5 a share)

Record Date

Shareholders of record on the second trading day following the annual general meeting, which will be determined later

Payment Date

To be determined later

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