GASCO approves dividend for Q1 2019

16/05/2019 Argaam

National Gas & Industrialization Co.’s (GASCO) shareholders have approved a 4.25 percent quarterly cash dividend for the first quarter of the fiscal year 2019, at SAR 0.425 per share, amounting to SAR 31.875 million.

 

Shareholders have also recommended an extraordinary dividend distribution of 2.25 percent at SAR 0.225 per share.

 

Dividend Details (Q1 2019)

Current Capital

SAR 750 mln

Number of shares

75 mln

Dividend for each quarter

SAR 31.875 mln

Percentage of capital

4.25% (SAR 0.425 per share)

Record date

May 15, 2019

Payment date

May 29, 2019

 

Extraordinary Dividend Details

Dividend for each quarter

SAR 16.875 mln

Percentage of capital

2.25% (SAR 0.225 per share)

Record date

May 15, 2019

Payment date

May 29, 2019

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