Ataa Educational Co.’s shareholders will vote on the board’s recommendation to distribute a 10% cash dividend, or SAR 1 per share, for the fiscal year (FY) ended July 31, 2022, during the ordinary general meeting (OGM) scheduled for Jan. 18, 2023.
|
Dividend Details (FY ended July 31, 2022) |
|
|
Current capital |
SAR 420.87 mln |
|
Number of shares |
42.09 mln |
|
Dividend |
SAR 42.09 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
Jan. 18. 2023 |
|
Payment date |
To be announced later |
In a statement to Tadawul, Ataa Educational said shareholders will vote on deals concluded between the company and Vice-Chairman, Ahmed Al-Mutib, in which he has a direct interest, and board member Farah Al-Mutib, who has an indirect interest. These are lease contracts for the Middle East and Al-Fikr Complexes, at a total value of SAR 13.6 million (non-preferential rules apply).
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 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 |
| 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 | 3.00 | 29.60 | 10.14 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 34.72 |
| P/E Before Unusual Items (TTM) | 35.81 |
| P/BV | 3.47 |
| Dividend Yield | - |
| Market Cap. (M) | 2,874.75 |
| Return on Average Assets | 3.85 % |
| Return on Average Equity | 10.17 % |
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