FADECO board declares 12.7% cash dividend for H2 2022

30/03/2023 Argaam

FADECO board declares 12.7% cash dividend for H2 2022

Logo of Arabian Food and Dairy Factories Co.

Arabian Food and Dairy Factories Co.’s (FADECO) board of directors declared on March 26 the payment of a cash dividend at 12.7% of capital, or SAR 1.27 a share, for H2 2022, according to a bourse filing.

 

Cash Dividend Datails

Current Capital

SAR 14.10 mln

Number of Shares

1.41 mln

Total Dividend

SAR 1.8 mln

Percentage of Capital

12.7% (SAR 1.27 a share)

Record Date

April 9, 2023 (Shareholders registered with Edaa on the second trading day after the record date)

Payment Date

May 9, 2023

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