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Dana Gas to pay AED 245m dividends for H1-21

Dana Gas to pay AED 245m dividends for H1-21
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Dana Gas
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Abu Dhabi – Mubasher: The shareholders of Dana Gas approved the distribution of a cash dividend worth 3.5 fils per share for the first half (H1) of 2021, according to a bourse disclosure on Sunday.

The company will pay a total amount of AED 244.83 million ($67 million), representing 3.5% of Dana Gas’ capital, for the shareholders registered on 19 December.

Dana Gas will announce the payment date in due course, while the ex-dividend and last entitlement dates have been determined as 16 and 15 December, respectively.

The UAE firm turned to net profits worth $139 million (AED 511 million) in H1-21, against net losses of $19 million (AED 69 million) in H1-20.