First Mills board OKs 12.9% dividend for H2 2024

13/03/2025 Argaam Exclusive

The board of directors of First Milling Co. (First Mills) approved on March 12 a 12.9% cash dividend, or SAR 1.29 per share, for the second half of 2024.

 

Dividend Details (H2 2024)

Current Capital

SAR 555 mln

Number of Shares

55.50 mln

Nominal Value

SAR 10

Dividend

SAR 71.6 mln

Percentage of Capital

12.9% (SAR 1.29 per share)

Record Date

April 7, 2025

Payment Date

April 22, 2025

 

Dividend Details (2024)

Dividend

SAR 157.63 mln

Percentage of Capital

28.4% (SAR 2.84 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/03/2025 07/04/2025 22/04/2025 71.60 1.29
23/07/2024 30/07/2024 13/08/2024 86.03 1.55
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

60.90
0.00 0.00 %

Valuation Data (Latest Share Price)

P/E (TTM) 13.47
P/E Before Unusual Items (TTM) 13.47
P/BV 3.58
Dividend Yield -
Market Cap. (M) 3,379.95
Return on Average Assets 10.09 %
Return on Average Equity 27.32 %

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