Abo Moati shareholders to vote on 5% dividend for FY2020/21 on Sept. 16

19/08/2021 Argaam Exclusive

Abdullah Saad Mohammed Abo Moati for Bookstores Co.’s (Abo Moati) shareholders will vote on approving the board's recommendation of a 5% cash dividend (SAR 0.5 a share) for the fiscal year ended March 31, 2021, during an ordinary general assembly meeting that will be held on Sept. 16, according to a bourse filing.

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

Sept. 16, 2021 (Shareholders registered at the Securities Depository Center at the end of the second trading day following the due date)

Payment day

To be determined

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Valuation Data (Latest Share Price)

P/E (TTM) 25.46
P/E Before Unusual Items (TTM) 28.70
P/BV 2.51
Dividend Yield 3.38 %
Market Cap. (M) 606.00
Return on Average Assets 7.34 %
Return on Average Equity 9.94 %

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