FADECO board declares 7.75% cash dividend for Q2 2022

31/08/2022 Argaam
Logo of FADECO

Logo of FADECO

Arabian Food and Dairy Factories Co.’s (FADECO) board of directors declared on Aug. 30 the payment of a cash dividend at 7.75% of capital, or SAR 0.78 a share, for Q2 2022, according to a bourse filing.

 

Cash Dividend Datails

Current Capital

SAR 14.10 mln

Number of Shares

1.41 mln

Total Dividend

SAR 1.09 mln

Percentage of Capital

7.75% (SAR 0.78 a share)

Record Date

Sept. 8, 2022 (Shareholders registered with Edaa on the second trading day after the record date)

Payment Date

Within 15 days of the record date
 

These dividends are the first paid by the company, since its share listing on the Nomu-Parallel Market on June 12, 2022, Argaam reported.

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