Ataa plans 10% cash dividend for FY 2018/2019

30/10/2019 Argaam

Ataa Educational Co.’s board of directors recommended a 10 percent cash dividend for the fiscal year ended July 31, 2019, at SAR 1 per share, amounting to SAR 40 million.

 

This is the first dividend to be issued by the company since its listing on Tadawul in July.

 

Dividend Details (FY 2018/ 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

To be determined

Payment date

To be determined

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