Shareholders of the National Company for Learning and Education (NCLE) will discuss the board’s recommendation to distribute cash dividends at 25%, or SAR 2.5 a share, for the FY ended July 31, 2025, during the extraordinary general meeting (EGM) scheduled for Jan. 1, 2026, according to a statement to Tadawul.
|
Cash Dividends 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, for shareholders of record and those registered with Edaa on the second trading day following the general meeting. |
|
Payment Date |
15 business days from the record date |
Shareholders will also authorize the board to distribute interim dividends on a semi-annual or quarterly basis for the FY ending July 31, 2026, the statement added.
They will also discuss amendments to several articles of the company’s Articles of Association, including those related to the company’s name, its objectives, and headquarters.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 26/10/2025 | 01/01/2026 | 22/01/2026 | 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 |
| 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 |
| P/E (TTM) | 51.55 |
| P/E Before Unusual Items (TTM) | 51.55 |
| P/BV | 7.12 |
| Dividend Yield | 1.61 % |
| Market Cap. (M) | 6,389.81 |
| Return on Average Assets | 7.91 % |
| Return on Average Equity | 14.30 % |
Be the first to comment
Comments Analysis: