SADAFCO board declares 60% cash dividend for H1 2023/24

27/02/2024 Argaam Exclusive

Saudia Dairy and Foodstuff Co. (SADAFCO) board of directors approved today, Feb. 27, the distribution of cash dividend at 60% of capital, or SAR 6 per share, for the first six months ended Sept. 30, 2023, the company said in a statement to Tadawul.

Dividend Details (H1 2023/24)

Current Capital

SAR 325 mln

Number of Shares*

32.50 mln

Total Dividend

SAR 192 mln

Percentage of Capital

60% (SAR 6 per share)

Record Date

Feb. 29, 2024

Payment Date

March 19, 2024

* Number of eligible shares are 32 mln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/02/2024 29/02/2024 19/03/2024 192.00 6.00
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
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

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 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

339.60
(4.60) (1.34 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.26
P/E Before Unusual Items (TTM) 22.46
P/BV 6.42
Dividend Yield 3.53 %
Market Cap. (M) 11,037.00
Return on Average Assets 18.73 %
Return on Average Equity 28.16 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.