Abdullah Al-Othaim Markets Company, together with its subsidiaries, engages in the wholesale and retail trade of food supplies and other products in the Kingdom of Saudi Arabia and Egypt. The company wholesales and retails food, fish, meat, agricultural products, livestock, and household items. It is also involved in establishing, managing, operating, and maintaining supermarkets, commercial complexes, and bakeries, offering cooked and uncooked catering services, as well as manages training and educational centers. In addition, the company acquires lands to construct buildings for lease or sale. Further, it imports and exports fruits, vegetables, fish, dairy products, ghee, olive, halawa, pasta, and soft drinks; ready-made and sport clothes, jewelry, sewing tools, bags, leather products, decorations, dropped ceilings, and vehicles spare parts. Additionally, it operates real estate properties, shopping malls, entertainment centers, and games cities and areas, as well as offers computer services and maintenance of training and catering. Furthermore, the company establishes agriculture projects; manages bakeries and cafes; and undertakes general contracting services. The company is involved in the construction, maintenance, demolition and restoration and electrical, and electronic works, as well as cultivates vegetables and fodder; and operates commercial complexes. It also offers poultry breeding. Abdullah Al-Othaim Markets Company was founded in 1956 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Abdullah Al-Othaim Markets Dividend Announcement
• Abdullah Al-Othaim Markets announced a quarterly dividend of ر.س0.15 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-25
• Abdullah Al-Othaim Markets annual dividend for 2024 was ر.س0.60
• Abdullah Al-Othaim Markets annual dividend for 2023 was ر.س3.05
• Abdullah Al-Othaim Markets's trailing twelve-month (TTM) dividend yield is 5.24%
• Abdullah Al-Othaim Markets's payout ratio for the trailing twelve months (TTM) is 172.48%
• Abdullah Al-Othaim Markets's dividend growth over the last five years (2018-2023) was -12.66% year
• Abdullah Al-Othaim Markets's dividend growth over the last ten years (2013-2023) was 0.17% year
Abdullah Al-Othaim Markets Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-25 | ر.س0.15 | quarterly | 2024-09-11 |
2024-05-28 | ر.س0.15 | quarterly | 2024-06-12 |
2024-02-21 | ر.س0.30 | quarterly | |
2023-08-27 | ر.س0.30 | quarterly | 2023-09-06 |
2023-02-19 | ر.س2.75 | quarterly | 2023-03-02 |
2022-11-21 | ر.س7.50 | quarterly | 2022-12-01 |
2022-09-01 | ر.س2.00 | quarterly | 2022-09-15 |
2022-03-21 | ر.س2.00 | quarterly | 2022-03-30 |
2021-09-12 | ر.س2.00 | quarterly | 2021-09-22 |
2021-03-28 | ر.س3.00 | quarterly | 2021-04-01 |
2020-09-06 | ر.س3.00 | quarterly | 2020-09-10 |
2020-04-05 | ر.س1.50 | quarterly | 2020-04-12 |
2019-11-24 | ر.س1.50 | quarterly | 2019-12-12 |
2019-04-21 | ر.س3.00 | quarterly | 2019-05-09 |
2018-04-24 | ر.س6.00 | quarterly | 2018-05-10 |
2017-10-03 | ر.س2.00 | quarterly | 2017-10-18 |
2017-04-20 | ر.س2.00 | quarterly | 2017-05-01 |
2016-03-28 | ر.س2.00 | quarterly | |
2015-04-14 | ر.س1.75 | quarterly | |
2014-04-07 | ر.س3.00 | quarterly | |
2013-04-16 | ر.س3.00 | quarterly |
Abdullah Al-Othaim Markets Dividend per year
Abdullah Al-Othaim Markets Dividend growth
Abdullah Al-Othaim Markets Dividend Yield
Abdullah Al-Othaim Markets current trailing twelve-month (TTM) dividend yield is 5.24%. Interested in purchasing Abdullah Al-Othaim Markets stock? Use our calculator to estimate your expected dividend yield:
Abdullah Al-Othaim Markets Financial Ratios
Abdullah Al-Othaim Markets Dividend FAQ
Other factors to consider when evaluating Abdullah Al-Othaim Markets as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Abdullah Al-Othaim Markets's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Abdullah Al-Othaim Markets publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Abdullah Al-Othaim Markets distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Abdullah Al-Othaim Markets are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Abdullah Al-Othaim Markets sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Abdullah Al-Othaim Markets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Abdullah Al-Othaim Markets declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Abdullah Al-Othaim Markets's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Abdullah Al-Othaim Markets's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.