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Transportadora de Gas Del Sur S.A. Message Board

  • feistypug feistypug Jan 13, 2013 9:49 AM Flag

    TGS announced on December 6, 2012 its Board of Directors approved a dividend payment!!!

    Transportadora de Gas del Sur SA announced that on December 6, 2012 its Board of Directors approved a dividend payment for fiscal year 2011 in the amount of ARS 150 million, at a value of ARS 0.188799107 per share, effective on January 2, 2013.

    Source: Reuters


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    • I haven't seen a dime. Kind of strange that this is for fiscal year 2011, not 2012.

      Sentiment: Strong Sell

      • 1 Reply to valentinesweetheart7
      • morgantwo Jan 18, 2013 7:50 PM Flag

        When I saw your post, I went to the TGS website & found a U.S. contact for TGS - Grayling, Inc., whatever that is. I E-mailed to ask about a TGS dividend & got a response. Here below is part of her reply to me:

        "...The Dividend will be pay some time in the first 2 weeks of February. The Argentine government has capital controls and the company needs more time to buy dollars to pay the dividend. It is just delayed but to be paid."

        She didn't elaborate on how much the dividend will work out to be per share.

        Regards to all......

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