SADAFCO shareholders authorize board to distribute dividends for 2025

28/05/2025 Argaam
Saudia Dairy and Foodstuff Co. (SADAFCO)headquarters

Saudia Dairy and Foodstuff Co. (SADAFCO) headquarters

Shareholders of Saudia Dairy and Foodstuff Co. (SADAFCO) authorized the board of directors to distribute an interim cash dividend for 2025 on a semi-annual or quarterly basis, according to a Tadawul statement.

 

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The approval came during the ordinary general meeting held on May 27.

 

Shareholders also endorsed a remuneration of SAR 3.6 million for the board members for 2024 and discharged board members from liabilities for the same period.

 

According to data available with Argaam, the company paid cash dividends for 2024 at 150% of capital, or SAR 15 per share.

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