AI Summary
Shareholders of Nofoth Food Products Co. will vote on the payment of a 16% cash dividend (SAR 0.16 per share) for 2025 during the ordinary general meeting (OGM) scheduled for May 7, according to a Tadawul statement.
|
Dividend Details (2025) |
|
|
Current Capital |
SAR 96 mln |
|
No. of Shares |
96 mln |
|
Nominal Value |
SAR 1 |
|
Total Dividend |
SAR 15.36 mln |
|
Percentage of Capital |
16% (SAR 0.16 per share) |
|
Record Date |
May 7, 2026 (Shareholders registered with Edaa by the end of the second trading day following the record date) |
|
Payment Date |
May 21, 2026 |
Other agenda items include voting on a three-year dividend policy, starting from Q1 2026 to Q4 2028.
Shareholders will also vote on authorizing the board to distribute interim dividends for 2026, allowing board member Faisal Al-Aliqan to engage in a competing business, along with other amendments to the remuneration policy for the board, committees and executive management.
According to Argaam data, Nofoth transitioned from the Nomu-Parallel Market to TASI in January.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 02/03/2026 | 07/05/2026 | 21/05/2026 | 15.36 | 0.16 | |
| 05/03/2025 | 01/06/2025 | 15/06/2025 | 11.91 | 0.12 | |
| 08/05/2024 | 24/06/2024 | 16/07/2024 | 9.60 | 0.10 | |
| 10/05/2023 | 19/06/2023 | 06/07/2023 | 4.80 | 0.05 |
| 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 | 0.38 | 3.75 | 10.23 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 14.33 |
| P/E Before Unusual Items (TTM) | 13.57 |
| P/BV | 4.39 |
| Dividend Yield | 1.60 % |
| Market Cap. (M) | 813.12 |
| Return on Average Assets | 22.18 % |
| Return on Average Equity | 34.74 % |
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