SADAFCO board recommends 30% dividend for H1 FY20/21

05/01/2021 Argaam Exclusive

Saudia Dairy and Foodstuff Co.’s (SADAFCO) board of directors recommended a 30% cash dividend for the first half of fiscal year 2020-21 ended Sept. 30, 2020, at SAR 3 share, amounting to SAR 96 million.

Dividend Details (H1 of FY2020-21)

Current Capital

SAR 325 mln

Number of shares

32.5 mln

Dividend

SAR 96 mln

Percentage of capital

30% (SAR 3 per share)

Record date

Jan. 6, 2021 (including shareholders registered at the end of the second trading session following this date at the Securities Depository Center)

Payment date

Jan. 25, 2021

* Shares eligible for dividend are 32 million

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339.00
(5.20) (1.51 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.25
P/E Before Unusual Items (TTM) 22.45
P/BV 6.42
Dividend Yield 3.53 %
Market Cap. (M) 11,030.50
Return on Average Assets 18.73 %
Return on Average Equity 28.16 %

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