Ataa Educational shareholders approve 10% cash dividend for FY18/19

21/01/2020 Argaam Exclusive

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. 

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

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
30/10/2019 21/01/2020 29/01/2020 40.00 1.00
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 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
Based on the beginning of the period (January 1 of the base year)

Historical Dividends


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.
Ataa Educational Co.
73.10
1.60 2.24 %

Most Read

Valuation Data (Latest Share Price)

P/E (TTM) 48.55
P/E Before Unusual Items (TTM) 48.55
P/BV 3.84
Dividend Yield -
Market Cap. (M) 3,076.78
Return on Average Assets 2.98 %
Return on Average Equity 7.98 %

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request