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.
| P/E (TTM) | 14.46 |
| P/E Before Unusual Items (TTM) | 14.46 |
| P/BV | 3.25 |
| Dividend Yield | - |
| Market Cap. (M) | 2,370.60 |
| Return on Average Assets | - |
| Return on Average Equity | 22.99 % |
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