Al Othaim to pay SAR 0.11/shr dividend for Q4 2024; decides 2025 dividend policy

25/03/2025 Argaam Exclusive

Abdullah Al Othaim Markets Co.’s board of directors agreed to distribute a cash dividend of SAR 0.11 per share, or 11% of capital, for Q4 2024, the company said in a statement to Tadawul.

 

Cash Dividend (Q4 2024)

Capital 

SAR 900 mln

Number of Shares

900 mln 

Share Par Value

SAR 1/share

Total Dividend 

SAR 99 mln 

Percentage of Capital 

11% (SAR 0.11 per share) 

Record Date 

April 8, 2025

Payment Date 

April 23, 2025

 

Dividend Details (2024)

Dividend

SAR 369 mln

Percentage of Capital

41% (SAR 0.41 per share)

 

In a separate statement, the company said that the board of directors approved the quarterly interim dividend policy for 2025, which includes distributing SAR 0.11 per share for each of Q4 2024 and Q1 2025, and SAR 0.12 per share for Q2 and Q3 2025.

 

The company will announce details of the profit distribution for each quarter in accordance with relevant rules and regulations.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/03/2025 08/04/2025 23/04/2025 99.00 0.11
06/08/2024 25/08/2024 11/09/2024 135.00 0.15
13/05/2024 27/05/2024 12/06/2024 135.00 0.15
07/02/2024 20/02/2024 07/03/2024 270.00 0.30
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
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 2.24 10.92 20.47 %
Last 5 Financial years 3.24 8.25 39.21 %
Last 10 Financial years 4.29 5.29 81.05 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 14.56
P/E Before Unusual Items (TTM) 23.30
P/BV 5.37
Dividend Yield 3.90 %
Market Cap. (M) 6,948.01
Return on Average Assets 6.98 %
Return on Average Equity 39.02 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.