Al Othaim pays SAR 0.30/share dividend for H1 2023

10/08/2023 Argaam Exclusive

Abdullah Al Othaim Markets Co.’s board of directors declared a 30% cash dividend (SAR 0.30 per share) for H1 2023, amounting to SAR 270 million, the company said in a statement to Tadawul.

 

Dividend Details (H1 2023)

Current capital

SAR 900 mln

Nominal value

SAR 1

Number of shares

900 mln

Dividend

SAR 270 mln

Percentage of capital

30% (SAR 0.30 per share)

Record date

Shareholders of record at the end of trading on Aug. 24, 2023

Payment date

Sept. 6, 2023

 
Shareholders approved the board's recommendation in June on reducing the stock's nominal value from SAR 10 to SAR 1 per share, according to data compiled by Argaam.
 

Total dividends for 2022 reached SAR 1.1 billion, or 122.5% of capital, at SAR 12.25 per share.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
10/08/2023 24/08/2023 06/09/2023 270.00 0.30
12/02/2023 16/02/2023 02/03/2023 247.50 0.28
16/11/2022 20/11/2022 01/12/2022 675.00 0.75
18/08/2022 31/08/2022 15/09/2022 180.00 0.20
15/02/2022 20/03/2022 30/03/2022 180.00 0.20
29/08/2021 09/09/2021 22/09/2021 180.00 0.20
14/03/2021 25/03/2021 01/04/2021 270.00 0.30
23/08/2020 03/09/2020 10/09/2020 270.00 0.30
18/03/2020 02/04/2020 12/04/2020 135.00 0.15
12/11/2019 21/11/2019 12/12/2019 135.00 0.15
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 2.23 12.34 18.03 %
Last 5 Financial years 3.13 7.00 44.64 %
Last 10 Financial years 3.96 3.09 128.07 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) 21.54
P/E Before Unusual Items (TTM) 27.36
P/BV 8.76
Dividend Yield 4.55 %
Market Cap. (M) 10,494.00
Return on Average Assets 7.44 %
Return on Average Equity 39.46 %

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