MC4 approves SAR 0.11/share dividend for H2 2024

09/03/2025 Argaam Exclusive

The board of directors of Fourth Milling Co. (MC4) approved a cash dividend of 11% of capital, or SAR 0.11 per share, for the second half of 2024, according to a statement to Tadawul.

 

Cash Dividend (H2 2024)

Capital 

SAR 540 mln

Number of Shares

540 mln 

Nominal Value

SAR 1

Total Dividend 

SAR 59.40 mln 

Percentage of Capital 

11% (SAR 0.11 per share) 

Record Date 

March 24, 2025

Payment Date 

Within 15 business days from the record date

 

Cash Dividend (2024)

Total Dividend 

SAR 118.8 mln 

Percentage of Capital 

22% (SAR 0.22 per share) 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/03/2025 24/03/2025 17/04/2025 59.40 0.11
31/10/2024 14/11/2024 28/11/2024 59.40 0.11
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

3.97
(0.03) (0.75 %)

Valuation Data (Latest Share Price)

P/E (TTM) 12.54
P/E Before Unusual Items (TTM) 11.93
P/BV 3.01
Dividend Yield 5.45 %
Market Cap. (M) 2,143.80
Return on Average Assets 14.41 %
Return on Average Equity 18.28 %

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