Abo Moati’s board proposes 10% cash dividend for FY 2022/23

27/07/2023 Argaam Exclusive

Abdullah Saad Mohammed Abo Moati for Bookstores Co.'s (Abo Moati) board of directors recommended on July 26 the distribution of cash dividends of SAR 0.5 per share, equivalent to 5% of capital, for the fiscal year ended March 31, 2023, the retailer said in a statement to Tadawul.

 

Moreover, the board recommended an additional SAR 0.5 cash dividend, or 5% of capital, for the same period, the company said in a separate statement. 

 

Dividend Details (FY 2022/23)

Current Capital

SAR 200 mln

Number of Shares

20 mln

Total Dividend

SAR 20 mln

Percentage of Capital (%)

10% (or SAR 1 per share)

Record Date

Shareholders of record by the close of trading on the extraordinary general meeting (EGM) date to be announced later, and those registered with Edaa by the close of the second trading day after the EGM date 

Payout Date

To be announced

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/07/2023 20/09/2023 03/10/2023 20.00 1.00
28/07/2022 20/09/2022 10/10/2022 10.00 0.50
05/08/2021 16/09/2021 05/10/2021 10.00 0.50
15/07/2020 09/09/2020 22/09/2020 10.00 0.50
30/06/2019 21/08/2019 05/09/2019 8.00 0.40
30/07/2018 04/09/2018 20/09/2018 8.00 0.40
16/08/2017 18/09/2017 03/10/2017 8.00 0.40
01/12/2016 31/12/2016 31/12/2016 8.00 0.40
01/12/2015 31/12/2015 31/12/2015 8.00 0.40
01/06/2015 30/06/2015 30/06/2015 6.60 0.33
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 2.50 53.20 4.70 %
Last 5 Financial years 3.50 9.82 35.63 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.