SADAFCO to pay H2 dividends on July 1

Saudia Dairy and Foodstuff Co.’s (SADAFCO) will pay on July 1, 2019 the 20 percent cash dividend for the second half of the fiscal year ending on March 31, it said today in a bourse statement.

According to data compiled by Argaam, SADAFCO’s shareholders approved on June 11 the board of directors’ recommendation to pay a 20 percent cash dividend for H2 which ended March 31, 2019, at SAR 2 per share, amounting to SAR 65 million.