The National Company for Learning & Education (NCLE) will convene its ordinary general meeting (OGM) on Dec. 28 to vote on the board of directors’ recommendation to distribute a 12% cash dividend, or SAR 1.2 per share, for the fiscal year (FY) ended on Aug. 31, 2022, as follows:
|
Dividend Details |
|
|
Current capital |
SAR 430 mln |
|
Number of shares |
43 mln |
|
Total dividend |
SAR 51.60 mln |
|
Percentage of capital |
12 % (SAR 1.2 per share) |
|
Record date |
Dec. 28, 2022 (Shareholders registered with Edaa by the close of the second trading day following the record date) |
|
Payment date |
To be determined later |
In a statement to Tadawul, NCLE pointed out that shareholders will vote on authorizing the board to distribute quarterly and interim dividends for the FY ended on Aug. 31, 2023.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 16/11/2022 | 28/12/2022 | 08/01/2023 | 51.60 | 1.20 | |
| 18/11/2021 | 09/01/2022 | 20/01/2022 | 34.40 | 0.80 | |
| 22/11/2020 | 13/01/2021 | 24/01/2021 | 34.40 | 0.80 | |
| 06/11/2019 | 25/12/2019 | 14/01/2020 | 34.40 | 0.80 | |
| 29/11/2018 | 20/02/2019 | 07/03/2019 | 17.20 | 0.57 |
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 2.80 | 29.00 | 9.66 % |
| Last 5 Financial years | 4.17 | 20.00 | 20.87 % |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 43.72 |
| P/E Before Unusual Items (TTM) | 43.72 |
| P/BV | 8.15 |
| Dividend Yield | 1.40 % |
| Market Cap. (M) | 7,026.21 |
| Return on Average Assets | 11.53 % |
| Return on Average Equity | 19.42 % |
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