Herfy board recommends dividend freeze for 2021, first time since listing
14/12/2021
Argaam
A branch of Herfy Food Services Co.
Herfy Food Services Co.'s board of directors recommended, on Dec. 13, withholding cash dividends for 2021, the company said in a bourse filing.
The recommendation aims to support and strengthen the company’s financial position and expansion for the upcoming years.
The proposal is pending the approval of the next general meeting, whose date will be determined after obtaining the approval of the competent authorities.
This is the first time that Herfy decided to withhold dividend distribution since listing in 2010.
The food service provider paid a cash dividend for 2020 at SAR 1 per share, according to data available with Argaam.
Related News
| Herfy board recommends 10% cash dividend for 2020 |
Market Indices
TASI
10,781.62
(96.84)
(0.89 %)
Quotes
HERFY FOODS
14.61
(0.28)
(1.88%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}