Riyadh – Mubasher: National Gas and Industrialization (GASCO) said Tuesday that the board of directors recommended paying out cash dividends for the third quarter of 2016 at SAR 0.3 a share, or 3% of the share's nominal value, totaling SAR 22.5 million.
Shareholders of record until 29 September would be entitled to the cash dividends that will be paid out starting from 17 October, according to a bourse statement.
The company is capitalized at SAR 750 million, divided into 75 million shares, SAR 10 each.
On Monday, the stock quote was placed at SAR 26.92, lower 1.17% from the previous session.
