Modern Mills board proposes SAR 1/share dividend for 2024

04/03/2025 Argaam Exclusive
Modern Mills for Food Products Co.’s board of directors recommended on March 3 a cash dividend at 100% of capital, or SAR 1 a share, for 2024, according to a statement to Tadawul.
 

Cash Dividends

Current Capital

SAR 81.83 mln

No. of Shares

81.83 mln

Stock Par Value

SAR 1

Total Dividends

SAR 81.83 mln

Percentage of Capital

100% (SAR 1 per share)

Record Date

On the general assembly date, to be announced, and for shareholders registered with Edaa by the close of the second trading day following the meeting

Payment Date

To be set later

 

Dividend Details (2024)

Total Dividend

SAR 163 mln

Percentage of Capital

200% (SAR 2 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
04/03/2025 - - 81.83 1.00
30/07/2024 04/08/2024 14/08/2024 81.83 1.00
31/03/2024 12/06/2024 07/07/2024 81.83 1.00
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

Valuation Data (Latest Share Price)

P/E (TTM) 15.63
P/E Before Unusual Items (TTM) 15.63
P/BV 12.42
Dividend Yield 4.86 %
Market Cap. (M) 3,261.01
Return on Average Assets 17.44 %
Return on Average Equity 29.15 %

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