NCLE shareholders OK SAR 2.5/shr cash dividend for FY 2024/25
National Co. for Learning and Education’s (NCLE) shareholders approved the board’s recommendation to distribute cash dividends at 25% of capital, or SAR 2.5 a share, for the year ended in July 2025, during the extraordinary general meeting (EGM) held on Jan. 1, according to a Tadawul statement.
|
Cash Dividend Details |
|
|
Current Capital |
SAR 430 mln |
|
Number of Shares |
43 mln |
|
Total Dividends |
SAR 107.5 mln |
|
Percentage of Capital |
25% (SAR 2.5 a share) |
|
Record Date |
Jan. 1, 2026 (Shareholders registered with Edaa on the second trading day following the EGM date) |
|
Payment Date |
Jan. 14, 2026 |
Shareholders also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the year ending July 31, 2026, the statement said.
The EGM also approved amendments to several articles of the company’s bylaws, including those related to the company’s objectives.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 26/10/2025 | 01/01/2026 | 14/01/2026 | 107.50 | 2.50 | |
| 30/10/2024 | 15/12/2024 | 26/12/2024 | 90.30 | 2.10 | |
| 26/11/2023 | 27/12/2023 | 07/01/2024 | 70.95 | 1.65 | |
| 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 |
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 | 6.25 | 67.50 | 9.26 % |
| Last 5 Financial years | 8.25 | 51.00 | 16.18 % |
| Last 10 Financial years | N/A | N/A | N/A |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Most Read
- Saudi Aramco sets Arab Crude OSP for February 2026
- Molan wins final ruling to halt payment of SAR 17.9M to Yara International
- Najran Cement says informed of fuel price hikes by Saudi Aramco
- National Gypsum receives Aramco fuel pricing notice
- Tabuk Cement receives Aramco notice on revised fuel prices
Valuation Data (Latest Share Price)
| P/E (TTM) | 45.06 |
| P/E Before Unusual Items (TTM) | 45.06 |
| P/BV | 6.23 |
| Dividend Yield | 1.61 % |
| Market Cap. (M) | 5,585.71 |
| Return on Average Assets | 7.91 % |
| Return on Average Equity | 14.30 % |
Comments Analysis: