Natural Gas Distribution Proposes SAR 3M Dividend
NGDC 9516.SA | 0.00 |
On May 21, 2026, Natural Gas Distribution Co. announced its Board of Directors has invited shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled for June 22, 2026, at 20:00 PM in Riyadh via modern technological means. The meeting agenda includes reviewing the Board of Directors' report and financial statements for fiscal year ending December 31, 2025, and voting on the auditor's report. Key agenda items include a Board recommendation to distribute cash dividends of SAR 3,000,000 to shareholders for fiscal year 2025, at a rate of SAR 0.60 per share, representing 6% of the company's SAR 50,000,000 capital, with dividend distribution commencing on June 29, 2026. Additional voting items include amendments to the Remuneration and Nominations Committee's bylaws, the Board remuneration policy, and appointment of the company's auditor for fiscal year 2026.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95613&anCat=1&cs=9516&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/15789_2283_2026-05-21_08-45-10_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/15789_2283_2026-05-21_08-58-41_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/15789_2283_2026-05-21_08-58-51_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/15789_2283_2026-05-21_08-59-02_en.pdfImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.