Riyadh – Mubasher: The board of Saudia Dairy and Foodstuff Company (SADAFCO) has recommended a cash dividend distribution, equivalent to 30% of the capital, for the April-September period in the fiscal year (FY) ending 31 March 2022.
The cash dividend payout stands at SAR 3 per share, aggregating at a total value of SAR 95.999 million, according to a bourse filing on Tuesday.
The dividend distribution date was scheduled for 25 January 2022.
It is noteworthy to mention that during the second quarter (Q2) of FY21/22, the company recorded net profits after Zakat and tax worth SAR 53.7 million, down 23.5% from SAR 70.26 million in Q2-20/21.
