FADECO to deposits profits of Q2 in investment portfolios of shareholders

Arabian Food and Dairy Factories Company (FADECO) announced on Tuesday the start of cash dividends, starting from Monday, September 26, 2022 through the National Bank, whereby the dividend will be deposited directly into the accounts of shareholders holding investment portfolios linked to a bank account with a local bank.
This comes with reference to the announcement Arabian Food and Dairy Factories Company (FADECO) on Tadawul website on September 1, 2022 regarding the latest developments in the distribution of cash dividends to shareholders for the second quarter of the fiscal year 2022 at a rate of (0.78) per share, which is equivalent to 7.8% of the capital of the company’s total amount of SR1,099,800, provided that the eligibility is for the shareholders who own shares on the due date of September 8, 2022 and who are registered in the company’s shareholders register at the Securities Depository Center (Edaa) at the end of the second trading day following the due date.