Academy of Learning shareholders approve 20% cash dividend for H2 2022

06/04/2023 Argaam
Logo ofAcademy of Learning Co.

Logo of Academy of Learning Co.

Academy of Learning Co.’s (AOL) shareholders approved on April 5 the board recommendation to pay a cash dividend at 20%, or SAR 2 a share, instead of SAR 1.5 a share, for H2 2022, according to a statement to Tadawul.

 

Dividend Details (H2 2022)

Current Capital

SAR 60 mln

Number of Shares

6 mln

Total Dividend

SAR 12 mln

Percentage of Capital

20% (SAR 2 a share)

Record Date

April 5, 2023 (Shareholders registered with Edaa on the second day of trading following the general meeting date)

Date of Payment

April 16, 2023

Dividend Details for 2022

Total Dividend

SAR 21 mln

Percentage of Capital

35% (SAR 3.5 a share)
 

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