Saudi's SADAFCO announces $25.6mln half year cash dividend

The Saudi dairy and food company said the dividend equates to SAR 3 per share

  
Traders work at the Alistithmar Capital in Riyadh July 8, 2008.

Traders work at the Alistithmar Capital in Riyadh July 8, 2008.

REUTERS/Fahad Shadeed

Saudi Arabia-based Saudia Dairy and Foodstuff Co (SADAFCO) has announced a SAR 96 million ( $25.6 mln) half-year dividend, the equivalent of SAR 3 per share.

The number of shares eligible is 33,99,750, the company said today (Tuesday) in a statement to Saudi Stock Exchange, Tadawul.

Last year, the company said it faced ‘minimal’ impact from COVID-19, and that demand for dairy products increased during the early stages of pandemic.

(Writing by Imogen Lillywhite; editing by Seban Scaria)

(imogen.lillywhite@refinitiv.com)

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© ZAWYA 2021


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