Saudi: Arabian Mills to pay over $8mln dividends for 2024

The Saudi firm will pay out a dividend of SAR 0.59 per share for 51.31 million eligible shares, according to a bourse statement

Staff Writer, Mubasher

March 20, 2025

PHOTO
A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020. Reuters Images/Ahmed Yosri

The board members of Arabian Mills for Food Products Company recommended cash dividends of SAR 30.27 million for 2024.

The Saudi firm will pay out a dividend of SAR 0.59 per share for 51.31 million eligible shares, according to a bourse statement.

The proposed cash dividends represent 5.90% of the company’s capital. Meanwhile, the distribution date will be announced at a later time.

Net profits increased by 6.67% to SAR 213.63 million in 2024 from SAR 200.27 million at the end of December 2023.

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