SADAFCO plans 40% dividend for FY15-16

02/05/2016 Argaam

Saudia Dairy and Foodstuff Co.’s (SADAFCO) board of directors has recommended a 40% percent cash dividend to be issued at SAR 4 per share for fiscal year 2015-2016, the company said in a statement to the Saudi bourse, Tadawul, on Monday.

 

Cash Dividend Details (2015-2016)

Current Capital

SAR 325 mln

Number of shares

32.5 mln

Cash dividend

SAR 130 mln

Percent capital

40% (SAR 4/share)

Record date

General assembly meeting

Payment day

To be determined later

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