
"Sector" = median of Consumer Defensive across 72 companies
National Agricultural Development Co. (NADEC) is a Saudi Arabian company engaged in the production and marketing of fresh and processed dairy products, juices, and other food items. Founded in 1977, the company is one of the leading integrated dairy and food processors in the Middle East, with operations spanning from farming and animal feed production to manufacturing and distribution. NADEC's core activities include the cultivation of crops, raising livestock, and processing raw milk into a wide range of dairy products such as milk, yogurt, cheese, and laban, as well as fruit juices and other beverages.
NADEC generates revenue primarily from the sale of dairy products, juices, and other food items through a diversified distribution network including supermarkets, hypermarkets, convenience stores, and food service channels. The company operates its own farms and processing facilities, allowing it to control the supply chain from raw materials to finished goods. Revenue is derived from both retail and wholesale segments, with a significant portion coming from branded products sold under the NADEC brand. The company also exports to neighboring Gulf countries and other international markets.
The packaged foods industry in Saudi Arabia is competitive, with several local and international players. NADEC positions itself as a premium, trusted brand with a focus on quality, freshness, and innovation. The company benefits from vertical integration, which helps manage costs and ensure product consistency. Key competitors include Almarai, Al Safi Danone, and other regional dairy producers. NADEC's strong distribution network and brand recognition in the Kingdom give it a competitive edge, though it faces challenges from rising input costs and changing consumer preferences.
NADEC's primary customers are households and consumers in Saudi Arabia, with a growing presence in other Gulf Cooperation Council (GCC) countries. The company targets a broad demographic, from families seeking affordable, nutritious dairy products to health-conscious individuals looking for premium offerings. Its products are widely available in major retail chains and smaller grocery stores across the Kingdom. The company also serves the food service industry, supplying hotels, restaurants, and cafeterias. Geographically, the vast majority of sales are domestic, with exports mainly to neighboring Arab states.
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Latest saved period: March 2026 · 2026-03-31
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Apr 10, 2016 | 0.18 SAR | — | — |
| Mar 18, 2015 | 0.16 SAR | — | — |
| Apr 28, 2013 | 0.14 SAR | — | — |
| Sep 2, 2012 | 0.14 SAR | — | — |
| Apr 1, 2012 | 0.21 SAR | — | — |
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