Ataa Educational Co.’s shareholders will discuss in the extraordinary general assembly meeting (EGM) scheduled for Jan. 20 distributing 10% cash dividend, or SAR 1 per share, for the fiscal year ending on July 31 2019, according to a bourse filing on Sunday.
The proposed dividend will total SAR 40 million.
Moreover, shareholders will also vote on renting an educational building in Morooj for 10 years at a total value of SAR 70.5 million, without preferential conditions.
|
Dividend Details (2019) |
|
|
Current Capital |
SAR 400 mln |
|
Number of shares |
40 mln |
|
Dividend |
SAR 40 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
Day of General Meeting |
|
Payment date |
Later |
Moreover, the assembly will vote for renting an educational building in Morooj for 10 year for SAR 70.5 million, without preferential conditions.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 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 | 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) | 34.34 |
| P/E Before Unusual Items (TTM) | 35.41 |
| P/BV | 3.44 |
| Dividend Yield | - |
| Market Cap. (M) | 2,843.18 |
| Return on Average Assets | 3.85 % |
| Return on Average Equity | 10.17 % |
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