Riyadh – Mubasher: The board of Saudia Dairy and Foodstuff Company (SADAFCO) recommended dividends’ distribution worth a total of SAR 95.99 million for fiscal year (FY) 2020/2021, according to a bourse disclosure on Sunday.

SADAFCO plans to pay a cash dividend of SAR 3 per share or 30% of the share’s par value for FY ended on 31 March 2021.

The number of shares eligible for dividends stands at 31.99 million, the company noted, adding that it will later announce the distribution date.

SADAFCO achieved a net profit after Zakat and tax worth SAR 260.89 million in FY20/21.