SADAFCO approves 20% dividend for H2 2017/2018

03/07/2018 Argaam

 

Saudia Dairy and Foodstuff Co.’s (SADAFCO) general assembly has approved a 20 percent cash dividend for the second half that ended on March 31, 2018, at SAR 2 per share, amounting to SAR 65 million.

 

Dividend Details (H2 2017/2018)

Current Capital

SAR 325 mln

Number of shares

32.5 mln

Dividend

SAR 65 mln

Percentage of capital

20% (SAR 2 per share)

Record date

July 2, 2018

Payment date

July 23, 2018

Dividend for FY 2017/ 2018

Total cash dividend

SAR 130 mln

Percent of capital

40% (SAR 4/share)

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