NCLE board proposes 12% cash dividend for FY 2021/2022

16/11/2022 Argaam Exclusive

National Company for Learning and Education’s (NCLE) board recommended the payment of a cash dividend at 12% of capital, or SAR 1.20 a share, for the fiscal year ended Aug. 31, 2022, according to a statement to Tadawul.

 

Dividend Details (FY 2021/22)

Current Capital

SAR 430 mln

Number of Shares

43 mln

Total Dividend

SAR 51.60 mln

Percentage of Capital

12%, or SAR 1.2 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
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 2.80 29.00 9.66 %
Last 5 Financial years 4.17 20.00 20.87 %
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) 58.36
P/E Before Unusual Items (TTM) 58.36
P/BV 11.61
Dividend Yield 1.00 %
Market Cap. (M) 9,210.60
Return on Average Assets 11.99 %
Return on Average Equity 21.07 %

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.