AI Summary
Modern Mills for Food Products Co.’s (Modern Mills) shareholders approved the distribution of a 100% cash dividend, at SAR 1 a share, for H2 2024, during an ordinary general meeting (OGM) on April 30, according to a Tadawul statement.
|
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 |
April 30, 2025: Shareholders registered with Edaa by the close of the second trading day following the record date |
|
Payment Date |
May 15, 2025 |
|
Dividend Details (2024) |
|
|
Total Dividend |
SAR 163 mln |
|
Percentage of Capital |
200% (SAR 2 per share) |
Additionally, shareholders approved authorizing the board of directors to distribute interim dividends for 2025 on a semi-annual or quarterly basis.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 04/03/2025 | 30/04/2025 | 15/05/2025 | 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 |
| 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 |
| P/E (TTM) | 11.90 |
| P/E Before Unusual Items (TTM) | 11.57 |
| P/BV | 7.59 |
| Dividend Yield | 4.86 % |
| Market Cap. (M) | 2,491.79 |
| Return on Average Assets | 16.91 % |
| Return on Average Equity | 68.79 % |
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