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SADAFCO to pay SAR 96m dividends for 6M

SADAFCO to pay SAR 96m dividends for 6M
The approved amount is equivalent to SAR 3 per share.
SADAFCO
2270
0.07% 300.20 0.20

Riyadh – Mubasher: Saudia Dairy and Foodstuff Company’s (SADAFCO) board decided to distribute SAR 95.999 million in interim cash dividends to shareholders for the six-month period ended on 30 September 2020.

The amount is equivalent to SAR 3 per share or 30% of the share’s nominal value, according to a bourse filing on Tuesday.

Eligibility of dividends will be to the shareholders at the end of the maturity date scheduled on 6 January 2021, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.

The dividends will be paid on 25 January 2021.