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Abo Moati to distribute SAR 0.5/shr dividend for FY

Abo Moati to distribute SAR 0.5/shr dividend for FY
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ABO MOATI
4191
-2.36% 45.55 -1.10

Riyadh – Mubasher: The shareholders of Abdullah Saad Mohammed Abo Moati for Bookstores Company approved the board’s recommendation to pay a cash dividend of SAR 0.5 per share, representing 5% of the share’s par value, for the fiscal year (FY) ended on 31 March 2021.

The company will distribute a total amount of SAR 10 million to the eligible shareholders, according to a bourse disclosure on Sunday.

Abo Moati will later announce the eligibility and distribution dates.

During FY ended last March, the company registered a decrease in net profits to SAR 5.33 million.