Riyadh - Mubasher: The shareholders of Natural Gas Distribution Company (NGDC) approved the distribution of SAR 3 million in cash dividends for 2025 during the company’s ordinary general meeting (OGM) held on 22 June 2026.
The Saudi company will pay out a dividend of SAR 0.60 per share, equivalent to 6% of its SAR 50 million capital, according to a bourse filing.
Shareholders registered with the Securities Depository Center Company (Edaa) by the end of the second trading day following the meeting will be eligible for the payout, with the dividend distribution scheduled to begin on 6 July.
During the meeting, the equityholders reviewed and discussed the board’s report and the financial statements for 2025 and approved the external auditor’s report for the same period.
They also approved amendments to the Remuneration and Nominations Committee regulations as well as the Board of Directors and subcommittees’ remuneration policy.
In addition, the assembly approved the appointment of Crew Solutions Professional Consulting Company as the external auditor for 2026.
Crew Solutions will be responsible for examining, reviewing, and auditing the company’s semi-annual and annual financial statements for fees estimated at SAR 261,000.
The meeting was held virtually from the company's headquarters in Riyadh and was headed by Chairman Abdulrahman bin Sulaiman.
