December 29, 2022
The Ordinary General Assembly of the National Company for Learning and Education approved, during its meeting yesterday, Wednesday, to distribute cash dividends to shareholders at a rate of 12% of the capital (equivalent to 1.2 riyals per share), as profits for the fiscal year ending on August 31, 2022, as the following table shows:
|
Cash dividends for shareholders |
|
|
current capital |
430 million riyals |
|
Number of Shares |
43 million shares |
|
Total dividends distributed |
51.60 million riyals |
|
percentage of the capital |
12% (equivalent to 1.2 riyals per share) |
|
due date |
December 28, 2022 (who are registered in the company’s shareholder register at the Depository Center at the end of the second trading day following the due date) |
|
distribution date |
January 8, 2023 |
The assembly also agreed to authorize the Board of Directors to distribute interim profits on a semi/quarterly basis for the fiscal year ending on August 31, 2023.
Historical development of cash dividends (SAR/share)
| Notes | Cash distribution | Total cash dividends (million riyals) | Distribution date | Due date | Announcement date |
| 1.20 | 51.60 | – | – | 2022/11/16 | |
| 0.80 | 34.40 | 2022/01/20 | 2022/01/09 | 2021/11/18 | |
| 0.80 | 34.40 | 2021/01/24 | 2021/01/13 | 2020/11/22 | |
| 0.80 | 34.40 | 2020/01/14 | 2019/12/25 | 2019/11/06 | |
| 0.40 | 17.20 | 2019/03/07 | 2019/02/20 | 2018/11/29 |
Historical cash dividends per share, adjusted for the effect of capital changes and bonus shares, if any
Historical development of cash dividends
| Collected cash dividends | Cash dividend per share (SAR) | *Share price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 fiscal years | 2.80 | 29.00 | 9.66 % |
| Last 5 financial years | 5.13 | 20.00 | 25.63 % |
| Last 10 financial years | N/A | N/A | N/A |
Based on the beginning of the period (January 1 of the base year)
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