GASCO to pay 11% dividend for H2 2024

17/12/2024 Argaam Exclusive

The board of National Gas and Industrialization Co. (GASCO) approved, on Dec. 16, to distribute an 11% cash dividend, or SAR 1.1 a share, for H2 2024, according to a statement to  Tadawul.

 

Cash Dividends (H2 2024)

Current Capital

SAR 750 mln

No. of Shares

75 mln

Total Dividend

SAR 82.5 mln

Percentage of Capital

11% (SAR 1.1 per share)

Record Date

Jan. 15, 2025 (Shareholders registered with Edaa at the end of the second trading day following the record date) 

Payment Date

Jan. 29, 2025

 

Cash Dividends (2024)

Total Dividend

SAR 165 mln

Percentage of Capital

22% (SAR 2.2 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/12/2024 15/01/2025 29/01/2025 82.50 1.10
04/06/2024 08/07/2024 22/07/2024 82.50 1.10
12/12/2023 14/01/2024 28/01/2024 75.00 1.00
21/06/2023 05/07/2023 19/07/2023 75.00 1.00
11/12/2022 15/12/2022 27/12/2022 75.00 1.00
14/08/2022 15/09/2022 29/09/2022 63.75 0.85
24/03/2022 11/04/2022 24/04/2022 56.25 0.75
08/09/2021 13/09/2021 27/09/2021 56.25 0.75
28/04/2021 22/06/2021 06/07/2021 37.50 0.50
16/05/2019 18/08/2019 29/08/2019 48.75 0.65
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 6.05 54.10 11.18 %
Last 5 Financial years 8.05 31.00 25.97 %
Last 10 Financial years 16.30 32.31 50.45 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 24.35
P/E Before Unusual Items (TTM) 25.17
P/BV 2.88
Dividend Yield 2.14 %
Market Cap. (M) 5,550.01
Return on Average Assets 8.64 %
Return on Average Equity 11.77 %

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