REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2008
Commission File Number 1-15184
SADIA S.A.
(Exact Name as Specified in its Charter)
N/A
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(Translation of Registrant's Name)
Rua Fortunato Ferraz, 365
Vila Anastacio, Sao Paulo, SP
05093-901 Brazil
(Address of principal executive offices) (Zip code)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the Report to be signed
on its behalf by the undersigned, thereunto duly authorized.
Date: February 01, 2008
SADIA S.A.
By:/s/Welson Teixeira Junior
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Name: Welson Teixeira Junior
Title: Investor Relations Officer
ANNOUNCEMENT TO SHAREHOLDERS
Cash Dividends Payment
SADIA S. A., announces to its shareholders that, on January 30, 2008, the Board authorized the complementary payment of dividends related to 2007 earnings, being R$ 0,073387 per common and per preferred share. The dividend will be calculated according to the minimum dividend required by Brazilian securities law, to be approved at the next general shareholders’ meeting. The payment will be made on February 15, 2008, based on the record date at February 6, 2008. Shares shall be traded on the São Paulo, New York and Madrid Stock Exchanges, without the right to such dividends, as of February 7, 2008, including that date.
Shareholders possessing bank accounts will have the amount automatically credited on the above mentioned payment date. All other investors will receive a “Dividend Credit Notice” by mail, at those addresses on file with Banco Bradesco.
São Paulo-SP, January 30, 2008
SADIA S. A.
Welson Teixeira Júnior
Investor Relation Director