Shareholders of Saudia Dairy and Foodstuff Co.’s (SADAFCO) are set to vote on the board’s recommendation on a 30% cash dividend, or SAR 3 per share, for the second half of the fiscal year ended March 31, 2023, during the extraordinary general meeting (EGM) scheduled for Aug. 22.
|
Dividend Details (H1 2022/2023) |
|
|
Current Capital |
SAR 325 mln |
|
Number of Shares* |
32.50 mln |
|
Total Dividend |
SAR 96 mln |
|
Percentage of Capital |
30% (SAR 3 a share) |
|
Record Date |
Aug. 22, 2023 (Shareholders registered with Edaa at the end of the second trading day following the record date) |
|
Payment Date |
To be set later |
*Number of eligible shares is 32 million
|
Dividend Details (FY 2022/2023) |
|
|
Current Capital |
SAR 192 mln |
|
Percentage of Capital |
60% (SAR 6 per share) |
In a statement to Tadawul, SADAFCO added that shareholders will also discuss delegating the board of directors to pay interim dividends on a quarterly or semi-annual basis for the fiscal year ending Dec. 31, 2023.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/06/2023 | 22/08/2023 | 10/09/2023 | 96.00 | 3.00 | |
| 03/01/2023 | 05/01/2023 | 23/01/2023 | 96.00 | 3.00 | |
| 25/05/2022 | 28/06/2022 | 19/07/2022 | 96.00 | 3.00 | |
| 04/01/2022 | 06/01/2022 | 25/01/2022 | 96.00 | 3.00 | |
| 13/06/2021 | 12/07/2021 | 05/08/2021 | 96.00 | 3.00 | |
| 05/01/2021 | 06/01/2021 | 25/01/2021 | 96.00 | 3.00 | |
| 06/05/2020 | 16/06/2020 | 05/07/2020 | 81.25 | 2.50 | |
| 02/12/2019 | 04/12/2019 | 22/12/2019 | 81.25 | 2.50 | |
| 09/05/2019 | 11/06/2019 | 01/07/2019 | 65.00 | 2.00 | |
| 28/11/2018 | 02/12/2018 | 12/12/2018 | 65.00 | 2.00 |
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 24.00 | 173.20 | 13.86 % |
| Last 5 Financial years | 35.00 | 101.60 | 34.45 % |
| Last 10 Financial years | 54.50 | 86.50 | 63.01 % |
| P/E (TTM) | 19.77 |
| P/E Before Unusual Items (TTM) | 20.11 |
| P/BV | 5.28 |
| Dividend Yield | 4.37 % |
| Market Cap. (M) | 9,360.01 |
| Return on Average Assets | 17.35 % |
| Return on Average Equity | 26.71 % |
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