AI Summary
Ataa Educational Co.’s shareholders approved the board’s recommendation on paying cash dividend at 10% of capital, or SAR 1 a share, for FY 2019/20 ended July 31, 2020, during the ordinary general meeting (OGM) held on Jan. 11, 2021.
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Dividend Details (FY ended on July 31, 2020) |
|
|
Current Capital |
SAR 400 mln |
|
Number of shares |
40 mln |
|
Dividend |
SAR 40 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
Jan. 11, 2021 and registered shareholders at the Securities Depository Center (Edaa) at the end of the second trading day following the meeting |
|
Payment date |
To be announced later |
Shareholders also approved SAR 13.2 million business contracts inked with vice chairman, Ahmed AlMuteb (a related party) and board member Farah AlMuteb (a related party).
| P/E (TTM) | 22.76 |
| P/E Before Unusual Items (TTM) | 23.39 |
| P/BV | 2.81 |
| Dividend Yield | 2.57 % |
| Market Cap. (M) | 2,314.95 |
| Return on Average Assets | 4.68 % |
| Return on Average Equity | 12.48 % |
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