Dana Gas Board recommends cash dividend of AED 385 million (5.5 fils per share) for 2025 | premargin
Dana Gas Board recommends cash dividend of AED 385 million (5.5 fils per share) for 2025
·ADX·General Disclosure | General Press Release·March 12, 2026·View on exchange
AI Summary
The Board of Directors of Dana Gas recommended a cash dividend of 5.5 fils per share for the full year 2025, totaling AED 385 million ($105 million).
The recommendation follows the completion and commissioning of the KM250 gas expansion project in the Kurdistan Region of Iraq, which increased production capacity.
The proposed dividend is subject to shareholder approval at the Annual General Assembly Meeting scheduled for April 21, 2026.
Dana Gas reported an average production of approximately 52 Kboepd during 2025.