AED 380 m cash dividend for Dana Gas share holders 

AED 380 m cash dividend for Dana Gas share holders 

Abudhabi Securities Exchange  ( ADX ) declared that  DANA GAS , the region’s first & largest natural gas company has decided to distribute a cash dividend of  AED 384 million to its share holders after reviewing the accounts which ended on 31st Dec 2018.

The mentioned amount is equivalent to 5.5 % of the company’s capital , which can be reviewed as 5.5 fils per share. The decision was taken at the annual general assembly meeting held at sharjah on 17th April 2019 in which it approved the appointment of board member Mr Mohamedrafi Al seddiqi in place of Mr Adel Idris Al Awadhi who resigned during November 2018.

Dana Gas PJSC is a well established firm head quartered in Sharjah UAE and serving in many Middle Eastern Countries for the last 14 years in natural gas industry with exploration and production.