Saudia Dairy and Foodstuff Co. ("SADAFCO") Announces the Board of Director’s Decision to Distribute Cash Dividends for the First Half of 2025
Element List | Explanation |
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Introduction | Saudia Dairy & Foodstuff Co. (SADAFCO) is pleased to announce its Board of Directors’ decision to distribute an interim cash dividend to shareholders for the first half of 2025 as detailed below. |
Date of the board’s decision | 2025-09-22 Corresponding to 1447-03-30 |
The Total amount distributed | SAR 255,944,080 |
Number of Shares Eligible for Dividends | 31,993,010 Shares |
Dividend per share | SAR 8 |
Percentage of Dividend to the Share Par Value (%) | 80 |
Eligibility date | 2025-09-25 Corresponding to 1447-04-03 |
Distribution Date | 2025-10-14 Corresponding to 1447-04-22 |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
Additional Information | The Company requests its shareholders to update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend is deposited in their accounts with the banks on the distribution day.
We would like to draw the attention to the foreign non-resident investors that the dividends paid by the Company are subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account pursuant to Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. |
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