Ataa shareholders to discuss 10% dividend payout on Jan. 20

29/12/2019 Argaam Exclusive

Ataa Educational Co.’s shareholders will discuss in the extraordinary general assembly meeting (EGM) scheduled for Jan. 20 distributing 10% cash dividend, or SAR 1 per share, for the fiscal year ending on July 31 2019, according to a bourse filing on Sunday.

 

The proposed dividend will total SAR 40 million.

 

Moreover, shareholders will also vote on renting an educational building in Morooj for 10 years at a total value of SAR 70.5 million, without preferential conditions.

 

Dividend Details (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

Day of General Meeting

Payment date

Later

 

Moreover, the assembly will vote for renting an educational building in Morooj for 10 year for SAR 70.5 million, without preferential conditions.

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

73.40
0.40 0.55 %

Valuation Data (Latest Share Price)

P/E (TTM) 48.75
P/E Before Unusual Items (TTM) 48.75
P/BV 3.86
Dividend Yield -
Market Cap. (M) 3,089.41
Return on Average Assets 2.98 %
Return on Average Equity 7.98 %

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