NCLE shareholders to vote on 8% cash dividend for FY 2020/21 on Jan. 9

15/12/2021 Argaam Exclusive

National Company for Learning & Education (NCLE) shareholders are set to vote on the board's recommendation on the distribution of an 8% cash dividend, or SAR 0.8 per share, for the fiscal year 2020/2021 ended Aug. 31, 2021, during the ordinary general meeting (OGM) on Jan. 9, 2022, according to a bourse filing.

Dividend Details (FY 2020/2021)

Current Capital

SAR 430 mln

Number of shares

43 mln

Dividend

SAR 34.4 mln

Percentage of capital

8% (equivalent to SAR 0.8 per share)

Record date

Jan. 9, 2022 (Registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following the due date)

Payment date

To be announced later  

 

They will also vote on approving board and auditor reports as well as financial statements for the fiscal year ended Aug. 31, 2021.

 

Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for FY ended Aug. 31, 2022.

 

E-voting on the agenda items will start as of Jan. 1, 2022, via Tadawulaty services.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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 2.40 22.18 10.82 %
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

Valuation Data (Latest Share Price)

P/E (TTM) 76.19
P/E Before Unusual Items (TTM) 76.19
P/BV 12.52
Dividend Yield 1.40 %
Market Cap. (M) 9,202.00
Return on Average Assets 10.15 %
Return on Average Equity 17.05 %

Comments {{getCommentCount()}}

Be the first to comment

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