SADAFCO approves 40% dividend for FY16/17

25/05/2017 Argaam

Saudia Dairy and Foodstuff Co.’s (SADAFCO) general assembly has approved a 40 percent cash dividend for the fiscal year 2016/2017, at SAR 4 per share, amounting to SAR 130 million.

Cash Dividend Details (Q1-2016)

Current Capital

SAR 325 bln

Number of shares

32.5 mln shares

Cash dividend

SAR 130 mln

Percent capital

40% (SAR 4 per share)

Record date

May 24, 2017

Payment date

To be determined


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