GASCO plans 7.5% cash dividend for H1 2021

08/09/2021 Argaam Exclusive

National Gas and Industrialization Co.’s (GASCO) board of directors recommended a 7.5% cash dividend, at SAR 0.75 per share, for H1 2021, amounting to SAR 56.25 million.

Dividend Details (H1 2021)

Current Capital

SAR 750 mln

Number of shares

75 mln

Dividend

SAR 56.25 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

Sept. 13, 2021 (Shareholders registered at Edaa on the second day following this date)

Payment date

Sept. 27, 2021

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Valuation Data (Latest Share Price)

P/E (TTM) 33.40
P/E Before Unusual Items (TTM) 33.40
P/BV 3.96
Dividend Yield 2.94 %
Market Cap. (M) 7,725.00
Return on Average Assets 9.09 %
Return on Average Equity 12.23 %

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