SADAFCO shareholders to vote on 60% cash dividend for Q3 on May 13

04/04/2024 Argaam

SADAFCO shareholders ok 5-yr extension for treasury shares retention

Logo of Saudia Dairy and Foodstuff Co. (SADAFCO)

Shareholders of Saudia Dairy and Foodstuff Co. (SADAFCO) will vote on May 13 on the board’s recommendation on distributing a 60% cash dividend, or SAR 6 per share, for the third and last quarter of its short nine-month fiscal year (FY) ended Dec. 31, 2023.

 

They will also vote on authorizing 8the board to distribute interim dividends on a semi-annual or quarterly basis for the upcoming fiscal year ending Dec. 31, 2024, the company said in a statement to Tadawul.

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