Modern Mills shareholders OK SAR1/share dividend for 2023

13/06/2024 Argaam Exclusive
Modern Mills for Food Products Co. (Modern Mills) shareholders approved the board’s recommendation to distribute cash dividends at 100% of the capital, or SAR 1 a share, for 2023, during the extraordinary general meeting (EGM) held on June 12, according to a statement to Tadawul.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
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

Modern Mills for Food Products Co.
33.20
(0.22) (0.66 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 12.23
P/E Before Unusual Items (TTM) 12.35
P/BV 9.99
Dividend Yield 4.86 %
Market Cap. (M) 2,716.83
Return on Average Assets 18.00 %
Return on Average Equity 91.97 %

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