Al Khaleej Training’s shareholders to vote on 2.5% dividends for FY2019 on May 5

09/04/2020 Argaam Exclusive

Alkhaleej Training and Education Co.’s shareholders are set to vote on the board’s recommendation to distribute a 2.5% cash dividend, or SAR 0.25 per share, for the fiscal year 2019, during the ordinary general meeting (OGM) that will be held on May 5, 2020.

 

Shareholders will be able to participate and vote on agenda items through Tadawulaty services offered by the Securities Depository Center Co. (Edaa), in line with the Capital Market Authority’s (CMA) decision to suspend personal attendance at general meetings to contain the spread of Coronavirus.

 

Dividend Details (FY 2019)

Current Capital

SAR 450 mln

Number of shares

45 mln

Dividend

SAR 11.25 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

May 5, 2020 

Payment date

To be determined

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Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) NEG
P/BV 3.90
Dividend Yield 0.00 %
Market Cap. (M) 2,031.25
Return on Average Assets 0.75 %
Return on Average Equity 2.81 %

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