GASCO Announces SAR 112.5M Cash Dividend for H1 2026
National Gas & Industrialization Co. (GASCO) announced a cash dividend of SAR 112.5 million for the first half of fiscal 2026, representing SAR 1.5 per share or 15% of par value. Shareholders of record on August 23, 2026 will receive dividends on September 10, 2026.
Key Numbers
National Gas & Industrialization Co. (GASCO) (Ticker: 2080) announced a cash dividend distribution for the first half of fiscal year 2026, totaling SAR 112.5 million. The board of directors approved the distribution on June 14, 2026.
Dividend Details
- Total Dividend: SAR 112.5 million
- Eligible Shares: 75 million
- Dividend Per Share: SAR 1.5
- Dividend Yield (from par value): 15%
- Eligibility Date: August 23, 2026 (shareholders registered by end of trading)
- Payment Date: September 10, 2026
Distribution Process
Dividends will be deposited into eligible shareholders' accounts on the payment date. Non-resident investors are subject to a 5% withholding tax unless exempted under applicable tax treaties.
Context
This announcement follows the company's H1 2026 financial results, details of which were not included in this release. The dividend indicates stable cash flows.
What This Means for Investors
The cash dividend provides a return of 15% of par value per share, which may appeal to income-focused investors. However, investors should monitor the company's financial performance and assess the sustainability of future distributions.
Frequently Asked Questions
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