Abo Moati plans 5% dividend for FY2019/2020

15/07/2020 Argaam Exclusive

Abdullah Saad Mohammed Abo Moati for Bookstores Co.’s (Abo Moatiboard of directors recommended a 5% cash dividend for the fiscal year ended March 31, 2020, at SAR 0.50 per share, amounting to SAR 10 million.

Dividend Details (FY 2019/2020)

Current capital

SAR 200 mln

Number of shares

20 mln

Dividend

SAR 10 mln

Percentage of capital

5% (SAR 0.5/share)

Record date

General assembly meeting (including those registered at the Securities Depository Center two days after this date)

Payment day

To be determined

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Valuation Data (Latest Share Price)

P/E (TTM) 24.87
P/E Before Unusual Items (TTM) 28.43
P/BV 2.46
Dividend Yield 3.38 %
Market Cap. (M) 592.00
Return on Average Assets 7.12 %
Return on Average Equity 9.94 %

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