SADAFCO board recommends 60% cash dividend for Q3

27/03/2024 Argaam Exclusive

Saudia Dairy and Foodstuff Co. (SADAFCO) board of directors decided today, March 27, the distribution of a 60% cash dividend, or SAR 6 per share, for the third and last quarter of its short nine-month fiscal year (FY) ended Dec. 31, 2023, the company said in a statement to Tadawul.

 

Third-Quarter Dividend Details

Current Capital

SAR 325 mln

Number of Shares

32 mln

Total Dividend

SAR 192 mln

Percentage of Capital

60% (SAR 6 per share)

Record Date

For shareholders of record by the end of second trading day after the day of the general assembly meeting, which will be announced later

Payment Date

To be announced later

 

Total Dividend for Short FY

Total Dividend

SAR 384 mln

Percentage of Capital

60% (SAR 12 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/03/2024 13/05/2024 28/05/2024 192.00 6.00
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
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

339.00
(5.20) (1.51 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.23
P/E Before Unusual Items (TTM) 22.42
P/BV 6.41
Dividend Yield 3.53 %
Market Cap. (M) 11,017.50
Return on Average Assets 18.73 %
Return on Average Equity 28.16 %

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