Tadawul: These 2 stocks go ex-dividend today

16/06/2020 Argaam

 

Stocks of Saudia Dairy and Foodstuff Co. (SADAFCO) and Allianz Saudi Fransi Cooperative Insurance Co. (Allianz SF), have their ex-dividend today, June 16.

 

SADAFCO’s board of directors recommended a 25% cash dividend for H2 2019, at SAR 2.50 per share. The payment date will be determined later.

 

Allianz SF’s board of directors also recommended a capital hike from SAR 200 million to SAR 600 million through a rights issue to support business expansions.

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