GASCO plans 4% quarterly dividend for FY18

13/05/2018 Argaam

 

National Gas & Industrialization Co. (GASCO) has recommended a 4 percent cash dividend for each quarter of fiscal year 2018, at SAR 0.4 per share.

 

The company will pay out a total of SAR 120 million for FY18 (SAR 30 million per quarter).

 

Dividend Details (FY 2018)

Current Capital

SAR 750 mln

Number of shares

75 mln

Dividend for each quarter

SAR 30 mln (SAR 0.4 per share)

Dividend for FY18

SAR 120 mln (SAR 1.6/share)

Percentage of capital

4% (SAR 0.4 per share)

Record date Q1

May 15, 2018

Payment date Q1

May 27, 2018

Record date Q2

August 1, 2018

Payment date Q2

August 12, 2018

Record date Q3

October 14, 2018

Payment date Q3

October 24, 2018

Record date Q4

December 9, 2018

Payment date Q4

December 19, 2018

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