Al Othaim board declares 20% cash dividend for H1 2021

29/08/2021 Argaam Exclusive

Abdullah Al Otham Markets Co.’s board of directors declared, Aug. 26, a 20% cash dividend (SAR 2 per share) for the first half of 2021, amounting to SAR 180 million, the company said in a bourse statement.

 

Dividend Details (H1 2021)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 180 mln

Percentage of capital

20% (SAR 2 per share)

Record date

Sept. 9, 2021 (Shareholders registered in Securities Depository Center Co. (Edaa) at the end of the second trading day following the due date)

Payment date

Sept. 22, 2021

 

According to data compiled by Argaam, Al Othaim distributed dividends equivalent to SAR 6 for 2020, divided into SAR 3 for the first half and SAR 3 for the second half.

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10.98
(0.02) (0.18 %)

Valuation Data (Latest Share Price)

P/E (TTM) 24.37
P/E Before Unusual Items (TTM) 25.75
P/BV 9.51
Dividend Yield 4.55 %
Market Cap. (M) 9,882.00
Return on Average Assets 6.64 %
Return on Average Equity 36.10 %

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