NCLE board proposes 16.5% cash dividend for FY 2022/23

26/11/2023 Argaam Exclusive

The National Company for Learning and Education’s (NCLE) board recommended the payment of a cash dividend at 16.5% of capital, or SAR 1.65 a share, for the fiscal year ended Aug. 31, 2023, according to a statement to Tadawul.

Dividend Details (FY 2022/23)

Current Capital

SAR 430 mln

Number of Shares

43 mln

Total Dividend

SAR 70.95 mln

Percentage of Capital

16.5%, or SAR 1.65 a share

Record Date

Shareholders of record and those registered with the Securities Depository Center (Edaa) on the second trading day following the general meeting date

Payment Date

After holding the general meeting, which will approve the dividend payment

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
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 3.65 51.00 7.16 %
Last 5 Financial years 5.25 22.18 23.67 %
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

National Company for Learning and Education
166.20
(3.60) (2.12 %)

Most Read

ajax loading

Valuation Data (Latest Share Price)

P/E (TTM) More than 50
P/E Before Unusual Items (TTM) More than 50
P/BV 10.21
Dividend Yield 1.40 %
Market Cap. (M) 7,146.60
Return on Average Assets 9.79 %
Return on Average Equity 16.77 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.