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Thndr Claps » Saudi Claps » Retail 🛒 » Al Othaim Markets issues dividends 💰

Al Othaim Markets issues dividends 💰

by Omar El Shorafa
November 16, 2022

The Clap
Al Othaim Markets (4001) will distribute cash dividends to shareholders at 75% of the capital for Q3 2022.

What
The company stated that the total amount distributed is SAR 675 million for the number of shares entitled to profits, about 90 million shares.

So What
The dividend distribution comes after the company’s strong returns, which resulted from the sale of its share in the “Abdullah Al Othaim Investment” company and the land in Medina.

Now What
The dividend will amount to SAR 7.5 per share, to be distributed on December 1.

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