Al Othaim board plans 30% cash dividend for H2 2020

14/03/2021 Argaam Exclusive

Abdullah Al Othaim Markets Co.’s (Al Othaim) board of directors approved on March 13, 2021, the distribution of a 30% cash dividend to shareholders for the second half of 2020, at SAR 3 per share, amounting to SAR 270 million.

Dividend Details (H2 2020)
Current Capital	SAR 900 mln
Number of shares	90 mln
Dividend	SAR 270 mln
Percentage of capital	30% (SAR 3 per share)
Record date	March 25, 2021 (Including registered shareholders at the Securities Depository Center (Edaa) by the close of the second trading day following due date)
Payment date	Apr. 1, 2021

Dividend Details (2020)
Current Capital	SAR 540 mln
Percentage of capital	60% (equivalent to SAR 6 per share)

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
14/03/2021	25/03/2021	01/04/2021	270.00	0.30	H2 - 2020
23/08/2020	03/09/2020	10/09/2020	270.00	0.30	H1 - 2020
18/03/2020	02/04/2020	12/04/2020	135.00	0.15	Q4-2019
12/11/2019	21/11/2019	12/12/2019	135.00	0.15	The first 9 months - 2019
06/03/2019	18/04/2019	09/05/2019	270.00	0.30	The General Assembly approved 30 % cash dividend FY-2018
20/03/2018	23/04/2018	10/05/2018	135.00	0.15	The General Assembly approved 30 % cash dividend FY-2017
25/09/2017	02/10/2017	18/10/2017	90.00	0.10	The General Assembly approved 20% cash dividend for H1-2017
22/03/2017	19/04/2017	08/05/2017	90.00	0.10	The General Assembly approved 20% cash dividend FY-2016
23/02/2016	27/03/2016	12/04/2016	90.00	0.10	The General Assembly approved 20% cash dividend FY-2015
23/02/2015	13/04/2015	29/04/2015	78.75	0.09	The General Assembly approved 17.5 % cash dividends for year 2014

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	1.20	6.11	19.64 %
Last 5 Financial years	1.55	4.48	34.63 %
Last 10 Financial years	1.91	1.97	97.13 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	24.46
P/E Before Unusual Items (TTM)	25.85
P/BV	9.55
Dividend Yield	4.55 %
Market Cap. (M)	9,918.00
Return on Average Assets	6.64 %
Return on Average Equity	36.10 %

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