Riyadh – Mubasher: The shareholders of Saudia Dairy and Foodstuff Company (SADAFCO) approved the board’s recommendation to distribute SAR 3 per share, representing 30% of the nominal share value, as a cash dividend for the fiscal year (FY) ended in March 2021.

SADAFCO will pay a total of SAR 95.99 million to the entitled shareholders, according to a bourse filing on Tuesday.

The distribution date will be 5 August.

The board of directors proposed last month the dividend payout amount for FY 2020/2021, which ended on 31 March 2021.