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First Milling CoSAU:2283 -1.70%62 Dividend Payout Ratio is 1.20 as of Mar. 2026, which is 103% above its 10-year median of 0.59. GuruFocus rates SAU:2283 with a GF Score™ of 62/100 and a GF Value™ of ﷼73.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 997 Consumer Packaged Goods companies, First Milling Co ranks worse than 85.66% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Milling Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.20.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Milling Co is 0.94, which seems too high.
The historical rank and industry rank for First Milling Co's Dividend Payout Ratio or its related term are showing as below:
SAU:2283'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.59 Max: 0.94
Current: 0.94
During the past 5 years, the highest Dividend Payout Ratio of First Milling Co was 0.94. The lowest was 0.39. And the median was 0.59.
SAU:2283's Dividend Payout Ratio is ranked worse than 85.66% of 997
companies
in the Consumer Packaged Goods industry
Industry Median: 0.43
vs SAU:2283: 0.94
During the past 12 months, First Milling Co's average Dividends Per Share Growth Rate was 50.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
First Milling Co (SAU:2283) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
First Milling Co Dividend Payout Ratio Related Terms
First Milling Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for First Milling Co's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SAU:2283 vs KHC, GIS: Dividend Payout Ratio Comparison
For the Packaged Foods subindustry, First Milling Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Milling Co Dividend Payout Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where First Milling Co's Dividend Payout Ratio falls into.
First Milling Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
First Milling Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Milling Co (SAU:2283) has a Dividend Payout Ratio of 1.20 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Milling Co and its competitors. This is 103% above median its historical median of 0.59. Over the past decade, First Milling Co's Dividend Payout Ratio has ranged from 0.39 to 0.94. According to the industry distribution chart, First Milling Co ranks #854 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 85.7%.
Is First Milling Co's Dividend Payout Ratio too high?
First Milling Co's current Dividend Payout Ratio of 1.20 is 103% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.94. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. First Milling Co's value of 1.20 is 179.1% above this industry median. Based on the distribution chart, First Milling Co ranks #854 out of 997 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, First Milling Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Milling Co's Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #854 out of 997 companies for Dividend Payout Ratio. This places First Milling Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. First Milling Co's value of 1.20 is 179.1% above this benchmark. Historically, First Milling Co's own Dividend Payout Ratio has ranged from 0.39 to 0.94 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.43, First Milling Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Milling Co's current Dividend Payout Ratio of 1.20 is 179.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current Dividend Payout Ratio is 1.20, which is 103% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Milling Co stock overvalued right now?
Based on GuruFocus' analysis, First Milling Co (SAU:2283) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼73.68, compared to a current price of ﷼52.00 — trading 29.4% below its estimated fair value. The current Dividend Payout Ratio is 1.20, which is 103% above median its 10-year median of 0.59 and 179.1% above the Consumer Packaged Goods industry median of 0.43. First Milling Co's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current Dividend Payout Ratio is 1.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Milling Co (SAU:2283) Overvalued in 2026?
Based on GuruFocus' analysis, First Milling Co stock appears to be undervalued.
The current stock price of ﷼52.00 is trading 29.4% below its estimated GF Value™ of ﷼73.68.
GuruFocus considers First Milling Co to be Modestly Undervalued.
Key valuation signals for SAU:2283:
Dividend Payout Ratio: 1.20 (103% above median its 10-year median of 0.59)
GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
Industry Position: 179.1% above the Consumer Packaged Goods median (#854 of 997)
No single metric tells the full story. See the SAU:2283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Milling Co is principally engaged in flour production and related wheat products, feed and bran within the Kingdom of Saudi Arabia. It serves various business clients, including factories, commercial bakeries, restaurants, and catering companies, as well as other clients such as wholesalers, modern and traditional traders, farmers, feed distributors, and retailers. The company operates in four regions in the Kingdom of Saudi Arabia, which are its reportable segments, namely Jeddah, Qassim, Tabuk and Al Ahsa. The majority of revenue is derived from the production of flour, feed and bran in Jeddah.
62GF Score
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