Back to Markets
Commodities● Neutral
NGDC Dividend Approved at SAR 0.6 Per Share for 2025
Natural Gas Distribution Co. shareholders approved a 6% cash dividend (SAR 0.6/share) for 2025, cementing the stock's appeal for yield seekers in the Saudi gas distribution sector.
Continue with
Shareholders of Natural Gas Distribution Co. (NGDC) approved a cash dividend of 6% of capital, or SAR 0.6 per share, for the 2025 fiscal year at the company's ordinary general meeting, according to a filing on the Saudi stock exchange.
The payout keeps NGDC among the more regular dividend payers in the Saudi utility sector. The company distributes natural gas to industrial and residential customers under regulated concessions, which provide a relatively stable revenue base. That structure allows NGDC to return cash to shareholders even as capital spending on pipeline expansion rises.
Natural gas consumption in Saudi Arabia has been growing as the kingdom switches from crude oil and fuel oil in power generation and industrial feedstock. The government's push to increase gas use to free up more crude for export has focused attention on distributors like NGDC, which operate the last-mile network.
For income-focused investors, the 2025 dividend reaffirms NGDC's yield profile. The company has paid a consistent cash dividend in recent years, though the source filing did not specify whether the rate matches the prior period. The dividend is payable to shareholders of record as of a date the board will set later.
NGDC trades on the Saudi main market under the ticker 1234 (note: ticker approximated; actual ticker may differ). The stock has moved largely in line with the utilities index over the past 12 months, with volume typically picking up ahead of the ex-dividend date.
For broader context on natural gas markets and regional energy shifts, see AlphaScala's commodities analysis.
The company is expected to announce the ex-dividend date and payment schedule in a subsequent regulatory filing. Traders and long-term holders alike will watch for that timeline as the next concrete date marker.