GAS BOD recommends distributing SAR 35.5 mln cash dividends for 2022

GAS Arabian Services Co. announced on Monday that the Board of Directors recommended to distribute SAR SAR 35,550,000 cash dividends to shareholders for the fiscal year 2022, with 22.50 % percentage of the dividend to the share par value.

The Company explained that the number of Shares Eligible for Dividends is 15,800,000 Shares, at 2.25 riyals per share, provided that the eligibility of dividends shall be for the Shareholders who own the Company’s shares at the end of the day in which the company’s General Assembly is convened and who are registered in the Company’s register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the Company’s General Assembly meeting which will be announced later.