Natural Gas Distribution EGM to vote on 5% dividend for 2023 on June 30

04/06/2024 Argaam

Natural Gas Distribution EGM to vote on 5% dividend for 2023 on June 30

Logo of Natural Gas Distribution Co. (NGDC)

Natural Gas Distribution Co.’s shareholders will vote on the board's recommendation to distribute dividends at 5% of capital (SAR 0.5 per share) for 2023, during an extraordinary general meeting (EGM) to be held on June 30, the company said in a statement to Tadawul.

 

Dividend Details (2023)

Capital

SAR 50 mln

Number of Shares

5 mln

Total Dividend 

SAR 2.5 mln

Percentage of Capital

5% (SAR 0.5 per share)

Record Date

To shareholders of record by the end of trading on the general assembly date, and those registered with the Securities Depository Center Co. (Edaa) on the second trading day after the record date

Payment Date

To be announced later
 

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