GASCO BOD decides to distribute SR75 mln cash dividends for ‎H1‎

The National Gas and Industrialization Company announced the decision of the Board of Directors to distribute 75 million riyals in cash dividends to shareholders for the first half of the fiscal year 2023 AD, equivalent to 10% of the nominal value of the share.

The number of shares eligible for profits amounted to 75 million shares, at the rate of one riyal for each share, provided that the eligibility for profits is for the company’s shareholders who own shares at the end of trading on Wednesday corresponding to 07/05/2023 and who are registered in the shareholders’ register at the Securities Depository Center at the end of the second trading day following Due date, distribution will be 07/19/2023.

The company would like to remind its shareholders to update their data and make sure that their bank account numbers are linked to their investment portfolios to ensure that their profits are deposited in their bank accounts on the distribution day.