Abo Moati to vote on 10% cash dividend for FY22/23 on Sept. 20

28/08/2023 Argaam Exclusive

Shareholders of Abdullah Saad Mohammed Abo Moati for Bookstores Co. will vote on the board proposal to pay a 5% cash dividend, or SAR 0.50 per share, for the fiscal year (FY) ended on March 31, 2023, during the ordinary general meeting (OGM), scheduled for Sept. 20, 2023.

 

Shareholders will also vote on the board recommendation to distribute special dividends at SAR 0.50 per share, or 5% of the stock nominal value, for the same FY, according to a statement to Tadawul today, Aug. 28.

 

They will also authorize the board of directors to distribute interim dividends on a semiannual or quarterly basis for the FY ending March 31, 2024.

 

Annual & Special Dividends Details

Current Capital

SAR 200 mln

No. of Shares

20 mln

Total Dividends

SAR 20 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Sept. 20, 2023 (Shareholders of record and those registered with Edaa on the second trading day following the record date)

Payment Date

To be determined later

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 %

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