FADECO board declares 12.7% cash dividend for H1 2023

20/09/2023 Argaam

FADECO board declares 12.7% cash dividend for H1 2023

Logo of Arabian Food and Dairy Factories Co.

Arabian Food and Dairy Factories Co.’s (FADECO) board of directors decided today, Sept. 20, to distribute a 12.7% cash dividend, or SAR 1.27 a share, for H1 2023, the company said in a statement to Tadawul.

 

Dividend Details (H1 2023)

Current capital

SAR 14.10 mln

Number of shares

1.41 mln

Dividend

SAR 1.79 mln

Percentage of capital

12.70% (SAR 1.27 per share)

Record date

Sept. 27, 2023 (shareholders registered with Edaa at the end of the second trading day following the record date)

Payment date

Within 15 business days after record date

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