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


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Ataa Educational Co.
71.70
(0.70) (0.97 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 49.56
P/E Before Unusual Items (TTM) 49.56
P/BV 3.68
Dividend Yield 1.70 %
Market Cap. (M) 3,017.85
Return on Average Assets 2.79 %
Return on Average Equity 7.47 %

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