MC4 board approves SAR 0.11 dividend for H1 2024

31/10/2024 Argaam Exclusive

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The board of directors of Fourth Milling Co. (MC4), recently listed on the Main Market (TASI), approved a cash dividend of 11% of capital, or SAR 0.11 per share, for the first half of 2024, according to a statement to Tadawul on Oct. 30.

 

Cash Dividend (H1 2024)

Capital 

SAR 540 mln

Number of Shares

540 mln 

Nominal Value

SAR 1

Total Dividend 

SAR 59.40 mln 

Percentage of Capital 

11% (SAR 0.11 per share) 

Record Date 

Nov.14, 2024

Payment Date 

Nov.28, 2024
 

MC4 began trading on TASI on Oct. 29 at SAR 5.30 per share, according to data available with Argaam.

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Fourth Milling Co.
3.95
(0.01) (0.25 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 12.48
P/E Before Unusual Items (TTM) 11.89
P/BV 2.99
Dividend Yield 5.45 %
Market Cap. (M) 2,133.00
Return on Average Assets 14.52 %
Return on Average Equity 24.48 %

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