The National Gas and Industrialization Company (GASCO) intends to distribute cash dividends to shareholders for the first half of the fiscal year 2021, with a total of 56.25 million riyals, for a number of outstanding shares of 75 million shares.
According to Arab Net, Gas said in a statement that the share's share of the distribution is 0.75 riyals, with a distribution ratio of 7.5% to the nominal value of the share.
The eligibility for profits is for the company's shareholders who own shares at the end of trading on Monday, September 13, 2021, and who are registered in the company's shareholders register at the Securities Depository Center at the end of the second trading day following the due date. . The distribution date is September 27, 2021.
The profits of the National Gas and Industrialization Company, GASCO, rose by 58% in the second quarter of this year, to 36.5 million riyals after zakat and tax, compared to 23.1 million riyals. In the same quarter of 2020.
GASCO's profits decreased by 57.1% in the second quarter of this year, compared to a net profit of about 85.2 million riyals in the first quarter of 2021.
