Abo Moati board recommends 5% dividend for FY 2020/2021

05/08/2021 Argaam Exclusive

Abdullah Saad Mohammed Abo Moati for Bookstores Co.’s (Abo Moati) board of directors recommended a 5% cash dividend for the fiscal year ended March 31, 2021, at SAR 0.50 per share, amounting to SAR 10 million.

 

Dividend Details

Current capital

SAR 200 mln

Number of shares

20 mln

Dividend

SAR 10 mln

Percentage of capital

5% (SAR 0.5/share)

Record date

Shareholders owning shares at the end of the trading day of the upcoming ordinary general 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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