Thursday, 3 April 2025

A.OTHAIM MARKET Approves 2025 Quarterly Dividend Plan, 11% Dividend for Q4 2024

Abdullah Al Othaim Markets Company “the Company” announced on Tuesday the Board of Directors’ decision to approve the quarterly dividend distribution plan for shareholders during 2025, as follows:

– 11 halalas per share for the fourth quarter of 2024;

– 11 halalas per share for the first quarter of 2025;

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– 12 halalas per share for the second quarter of 2025; and

– 12 halalas per share for the third quarter of 2025.

The Company stated in a statement today on Tadawul that it will announce the details of the dividend distribution for each quarter later, in accordance with the relevant rules and regulations.

In the same context, the Company announced the Board of Directors’ approval to distribute interim cash dividends to shareholders for the fourth quarter of 2024, totaling SAR 99 million. The dividend per share is SAR 0.11, representing a dividend per share ratio of 11%.

The Company stated that the number of shares eligible for dividends is 900 million, indicating that the distribution date will be April 24

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