AI Summary
Shareholders of Arabian Mills for Food Products Co. approved the payment of a 5.9% cash dividend (SAR 0.59 per share) for 2024, in the ordinary general meeting (OGM) held on 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, 2025 (Including shareholders registered with Edaa at the close of the second trading day following the record date) |
|
Payment Date |
June 17, 2025 |
Arabian Mills added that shareholders also authorized the board of directors to distribute semi-annual or quarterly dividends for 2025.
This marks the company’s first dividend payout since listing on the Main Market (TASI) in October 2024.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/03/2025 | 02/06/2025 | 17/06/2025 | 30.28 | 0.59 |
| 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) | 8.49 |
| P/E Before Unusual Items (TTM) | 8.49 |
| P/BV | 1.70 |
| Dividend Yield | 1.20 % |
| Market Cap. (M) | 2,014.83 |
| Return on Average Assets | 10.21 % |
| Return on Average Equity | 21.93 % |
Be the first to comment
Comments Analysis: