NCLE shareholders OK SAR 2.5/shr cash dividend for FY 2024/25

04/01/2026 Argaam Exclusive

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
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

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
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 45.44
P/E Before Unusual Items (TTM) 45.44
P/BV 6.28
Dividend Yield 1.61 %
Market Cap. (M) 5,633.01
Return on Average Assets 7.91 %
Return on Average Equity 14.30 %

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