AI Summary
The extraordinary general assembly meeting (EGM) of National Company for Learning and Education (NCLE) approved distributing cash dividend at 8%, or SAR 0.8 a share, totaling SAR 34.4 million for the fiscal year 2018/2019, ending Aug. 31, 2019, according to a bourse filing on Thursday.
|
Dividend Details (2018/2019) |
|
|
Current Capital |
SAR 430 mln |
|
Number of shares |
43 mln |
|
Dividend |
SAR 34.4 mln |
|
Percentage of capital |
8% (SAR 0.8 per share) |
|
Record date |
December 25, 2019 |
|
Payment date |
January 14, 2020 |
Moreover, shareholders approved using the SAR 109.4 worth of funds allocated for the construction works in Al Qasr educational complexes 1 and 2 in Al Khobar to the acquisition of Riyadh-based Al-Ghad Schools and Al-Khwarizmi Co. for Education atSAR 66.7 million. The remaining funds at SAR 42.7 million will be allocated for financing a school complex in Qairawan.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 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 | N/A | N/A | N/A |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 43.99 |
| P/E Before Unusual Items (TTM) | 43.99 |
| P/BV | 8.20 |
| Dividend Yield | 1.40 % |
| Market Cap. (M) | 7,069.21 |
| Return on Average Assets | 11.53 % |
| Return on Average Equity | 19.42 % |
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