AI Summary
Ataa Educational Co.’s shareholders approved distributing cash dividend at 10%, or SAR 1 per share, totaling SAR 40 million for the fiscal year ending July 31, 2019, the company said in a bourse filing on Tuesday.
They also approved a board remuneration of SAR 1.35 million for the same fiscal year.
The company’s contracts concluded with Al-Qasabi Contracting Co., in which Ataa’s board chairman Tarek Al-Qasabi and board member Abdullah Bin Tarek Al-Qasabi hold direct and indirect interest, were endorsed. The contracts were signed for Al-Rowad Schools at a total value of SAR 10.2 million.
Other contracts concluded between Ataa and vice chairman Ahmed AlMuteb were also approved.
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Dividend Details (2018/2019) |
|
|
Current Capital |
SAR 400 mln |
|
Number of shares |
40 mln |
|
Dividend |
SAR 40 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
Jan. 22, 2020 |
|
Payment date |
To be announced |
| 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) | 29.94 |
| P/E Before Unusual Items (TTM) | 30.88 |
| P/BV | 3.00 |
| Dividend Yield | - |
| Market Cap. (M) | 2,479.10 |
| Return on Average Assets | 3.85 % |
| Return on Average Equity | 10.17 % |
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