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National Gas and Industrialization Co. announces the distribution of cash dividend for first half of the fiscal year 2022

Element ListExplanation
Introduction National Gas and Industrialization Co. announces the Board of Directors resolution to distribute cash dividends to the shareholders for first half of the fiscal year 2022.
Date of the board’s decision 2022-08-13 Corresponding to 1444-01-15
The Total amount distributed 63,750,000 SAR
Number of Shares Eligible for Dividends 75,000,000 Shares
Dividend per share 0.85 SAR
Percentage of Dividend to the Share Par Value (%) 8.5 %
Eligibility date The eligibility of the dividends shall be at the end of trading day 15/09/2022 Corresponding to 19-02-1444H for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the eligibility date.
Distribution Date 29-09-2022 Corresponding to 03-03-1444H
Additional Information The company calls upon its shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend is deposited in their accounts with the banks on the distribution day.

We would like to draw the attention of non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of article (68) of the income tax law and article (63) of its implementing regulation.

For any deposit issues, please contact Investor Relations Department at:

Phone: 0533669305

E-mail: Investors@gasco.com.sa

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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