Saudia Dairy and Foodstuff Co.’s (SADAFCO) shareholders approved a 25% cash dividend for the second half of fiscal year 2019-20 ended March 31, 2020, at SAR 2.5 per share, amounting to SAR 81.25 million, during the extraordinary general meeting (EGM) held on June 16.
|
Dividend Details (H2 of FY2019-20) |
|
|
Current Capital |
SAR 325 mln |
|
Number of shares |
32.5 mln |
|
Dividend |
SAR 81.25 mln |
|
Percentage of capital |
25% (SAR 2.5 per share) |
|
Record date |
June 16, 2020 (Including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date) |
|
Payment date |
To be determined |
|
Total dividend distributed for FY ending March 31, 2020 |
|
|
Total capital |
SAR 162.5 mln |
|
Ratio of capital |
50% (equivalent to SAR 5 per unit) |
In addition, shareholders approved authorizing the board to pay interim dividend for the fiscal year ended March 31, 2020, on a quarterly or semi-annual basis.
The maturity and disbursement date will be determined according to the laws and regulations in line with the Companies Law and as per the company’s financial position, cash flow, investment and expansion plans, the company said in a statement to Tadawul.
Furthermore, they approved the paid dividend for the first half of the fiscal year ending March 31, 2020, of SAR 81.25 million, which represent 25% of the nominal value per share.
| P/E (TTM) | 24.55 |
| P/E Before Unusual Items (TTM) | 23.70 |
| P/BV | 6.08 |
| Dividend Yield | 3.53 % |
| Market Cap. (M) | 11,141.00 |
| Return on Average Assets | 17.15 % |
| Return on Average Equity | 26.03 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}