AI Summary
National Gas and Industrialization Co.'s (GASCO) shareholders approved the board’s recommendation to distribute 5% cash dividend for 2020, or SAR 0.5 per share, amounting to SAR 37.5 million, during the ordinary general meeting (OGM) held on June 22.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 750 mln |
|
Number of shares |
75 mln |
|
Dividend |
SAR 37.5 mln |
|
Percentage of capital |
5% (SAR 0.5 per share) |
|
Record date |
June 22 (Shareholders registered at Edaa on the second day following this date) |
|
Payment date |
To be determined |
Shareholders also authorized the company’s board to distribute interim dividend for 2021 on a semi-annual or quarterly basis, in accordance with the company’s position, cash flows and future plans.
| P/E (TTM) | 24.67 |
| P/E Before Unusual Items (TTM) | 25.45 |
| P/BV | 2.99 |
| Dividend Yield | 2.14 % |
| Market Cap. (M) | 6,060.01 |
| Return on Average Assets | 9.24 % |
| Return on Average Equity | 12.35 % |
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