Ataa Educational Co.’s shareholders approved the board recommendation to pay a cash dividend at 11% of capital, or SAR 1.10 a share, for the fiscal year (FY) ended July 31, 2023, during the ordinary general meeting (OGM) held on Jan. 29, according to a statement to Tadawul.
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Dividend Details |
|
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Current Capital |
SAR 420.87 mln |
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Number of Shares |
42.09 mln |
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Total Dividend |
SAR 46.30 mln |
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Percentage of Dividend |
11% (SAR 1.10 a share) |
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Record Date |
Jan. 29, 2024, for shareholders of record and those registered with Edaa on the second trading day following the record date |
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Date of Payment |
Later |
Shareholders further approved SAR 14 million business contracts (without preferential terms) concluded with Ahmed bin Nasser Al-Mutib, in which board members Farah Al-Mutib and Reem Al-Mutib have an indirect interest.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 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 |
| 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 | 3.10 | 39.10 | 7.93 % |
| Last 5 Financial years | 5.10 | 31.90 | 15.99 % |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 32.96 |
| P/E Before Unusual Items (TTM) | 35.21 |
| 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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