First Mills board OKs 14.1% cash dividend for H2 2023

11/03/2024 Argaam Exclusive

The board of First Milling Co. (First Mills) declared on March 10 a 14.1% cash dividend, or SAR 1.41 per share, for the second half of 2023.

 

Dividend Details (H2 2023)

Current Capital

SAR 555 mln

Number of Shares

55.50 mln

Dividend

SAR 78.26 mln

Percentage of Capital

14.1% (SAR 1.41 per share)

Record Date

April 4, 2024 (Shareholders registered with Edaa by the close of the second trading day following the record date)

Payment Date

April 23, 2024

 

Dividend Details (2023)

Dividend

SAR 154.33 mln

Percentage of Capital

27.8% (SAR 2.78 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
11/03/2024 04/04/2024 23/04/2024 78.26 1.41
31/07/2023 31/07/2023 14/08/2023 76.04 1.37
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years N/A N/A N/A
Last 5 Financial years N/A N/A N/A
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

59.80
(0.40) (0.66 %)

Valuation Data (Latest Share Price)

P/E (TTM) 13.71
P/E Before Unusual Items (TTM) 13.58
P/BV 3.79
Dividend Yield 3.70 %
Market Cap. (M) 3,318.90
Return on Average Assets 9.90 %
Return on Average Equity 28.18 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.