Al Othaim board declares 75% special dividend for Q3 2022

16/11/2022 Argaam Exclusive

Abdullah Al Othaim Markets Co.’s board of directors declared on Nov. 16, a 75% special cash dividend (SAR 7.5 per share) for Q3 2022, amounting to SAR 675 million, the company said in a statement to Tadawul.

 

Dividend Details (Q3 2022)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 675 mln

Percentage of capital

75% (SAR 7.5 per share)

Record date

Nov. 20, 2022 (Shareholders registered in Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date)

Payment date

Dec. 1, 2022

 

Dividend Details (9M 2022)

Total Dividend

SAR 855 mln

Percentage of Capital

95%, or SAR 9.5 a share

 

According to data compiled by Argaam, Al Othaim recently reported non-recurring capital gains of SAR 701.2 million, after Zakat, from selling its investment in Abdullah Al Othaim Investment Co. and selling investment land in Madinah.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/11/2022 20/11/2022 01/12/2022 675.00 0.75
18/08/2022 31/08/2022 15/09/2022 180.00 0.20
15/02/2022 20/03/2022 30/03/2022 180.00 0.20
29/08/2021 09/09/2021 22/09/2021 180.00 0.20
14/03/2021 25/03/2021 01/04/2021 270.00 0.30
23/08/2020 03/09/2020 10/09/2020 270.00 0.30
18/03/2020 02/04/2020 12/04/2020 135.00 0.15
12/11/2019 21/11/2019 12/12/2019 135.00 0.15
06/03/2019 18/04/2019 09/05/2019 270.00 0.30
20/03/2018 23/04/2018 10/05/2018 135.00 0.15
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 2.23 8.25 26.97 %
Last 5 Financial years 2.83 6.11 46.24 %
Last 10 Financial years 3.44 2.04 168.18 %
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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