GASCO board proposes SAR 0.35/shr dividends for Q3

Riyadh-Mubasher: The board of National Gas & Industrialization Co. (GASCO) recommended cash dividends for the third quarter of 2015 at 3.5% of the stock's par value, or SAR 0.35 a share, totaling SAR 26.25 million.

Shareholders of record until the close of trading on 4 October are eligible for the dividends.

The dividends will be paid on 15 October.

GASCO posted net profit of SAR 69.1 million for H1-15, down 4% from SAR 71.7 million recorded in the same period a year ago.

Mubasher Contribution Time: 15-Sep-2015 05:47 (GMT)