Arabian Mills OGM to vote on 5.9% dividend for 2024 on June 2

11/05/2025 Argaam Exclusive

Shareholders of Arabian Mills for Food Products Co. are set to vote on a 5.9% cash dividend (SAR 0.59 per share) for 2024, in an ordinary general meeting (OGM) slated for June 2, the company said in a statement to Tadawul.

 

Dividend Details (2024)

Current Capital

SAR 513.15 mln

Number of Shares

51.32 mln

Total Dividend

SAR 30.28 mln

Percentage of Capital

5.9% (SAR 0.59 per share)

Record Date

June 2, 2024 including shareholders registered with Edaa at the end of the second trading day following the record date

Payment Date

Within 15 business days of record date

 

Meanwhile, shareholders will vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
19/03/2025 02/06/2025 17/06/2025 30.28 0.59
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) 9.40
P/E Before Unusual Items (TTM) 9.40
P/BV 1.92
Dividend Yield 1.20 %
Market Cap. (M) 2,158.52
Return on Average Assets 10.23 %
Return on Average Equity 22.43 %

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