Ataa shareholders OK 12.5% dividend for FY 2023/24, elect board
Ataa Educational Co.'s shareholders approved the board's recommendation to distribute a 12.5% cash dividend (SAR 1.25 per share) for the fiscal year ended on July 31, 2024, during an extraordinary general meeting (EGM) held on Jan. 13, the company said in a statement to Tadawul.
|
Dividend Details (FY 2023/24) |
|
|
Current Capital |
SAR 420.87 mln |
|
Number of Shares |
42.09 mln |
|
Total Dividend |
SAR 52.61 mln |
|
Percentage of Capital |
12.5% (SAR 1.25 per share) |
|
Record Date |
Jan. 13, 2025 (Shareholders registered with Edaa by the end of the second trading day following the record date) |
|
Payment Date |
To be announced later |
Shareholders also elected board members for the upcoming three-year term ending on Jan. 13, 2028.
The newly elected board includes Tareq Alkasabi, Khalid Al- Muammar, Othman Alkasabi, Tariq Al-Rasheed, Mishari Al-Ibrahim, Reem Al-Muttab, Farah Al-Muttab, Ali Al-Tamimi and Mohammed Al-Otaifi.
Meanwhile, they approved other items on the meeting’s agenda, including amending Articles of Association to align with the new Companies Law and renumber its articles accordingly.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 08/12/2024 | 13/01/2025 | 22/01/2025 | 52.61 | 1.25 | |
| 29/10/2023 | 29/01/2024 | 11/02/2024 | 46.30 | 1.10 | |
| 07/12/2022 | 18/01/2023 | 29/01/2023 | 42.09 | 1.00 | |
| 29/09/2021 | 07/11/2021 | 21/11/2021 | 40.00 | 1.00 | |
| 26/10/2020 | 12/01/2021 | 26/01/2021 | 40.00 | 1.00 | |
| 30/10/2019 | 21/01/2020 | 29/01/2020 | 40.00 | 1.00 |
Dividend History
| 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 | 2.35 | 54.00 | 4.35 % |
| Last 5 Financial years | 4.35 | 39.10 | 11.13 % |
| Last 10 Financial years | N/A | N/A | N/A |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 32.964 |
| P/E Before Unusual Items (TTM) | 35.212 |
| P/BV | 3.30 |
| Dividend Yield | - |
| Market Cap. (M) | 2,729.54 |
| Return on Average Assets | 3.87 % |
| Return on Average Equity | 10.17 % |
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