NGDC board recommends 5% cash dividend for 2021

27/03/2022 Argaam
Logo ofNatural Gas Distribution Co.

Logo of Natural Gas Distribution Co.

Natural Gas Distribution Co. board of directors recommended, on March 24, a 5% cash dividend (SAR 0.5 per share) for 2021, amounting to SAR 2.5 million, the company said in a bourse statement.

 

Dividend Details (2021)

Current capital

SAR 50 mln

Number of shares

5 mln

Dividend

SAR 2.5 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Shareholders of record at the end of the second trading day following the annual general meeting date

Payment date

Later

 

This is the company’s first cash dividend since its listing on Nomu Parallel Market on Sept. 22, 2021, according to data available with Argaam.

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