National Company for Learning and Education announces the Board of Directors’ recommendation to distribute cash dividends to its shareholders for the fiscal year ended August 31, 2023 .
National Company for Learning and Education (NCLE) announces the Board of Directors’ recommendation dated November 26, 2023, to distribute cash dividends to its shareholders for the fiscal year ended August 31, 2023 .
Date of the board’s decision
2023-11-26 Corresponding to 1445-05-12
The Total amount distributed
70,950,000
Number of Shares Eligible for Dividends
43,000,000
Dividend per share
1.65 Riyal
Percentage of Dividend to the Share Par Value (%)
16.5 %
Eligibility date
The eligibility of dividends shall be for the shareholders registered in the Securities Depository Center ( Edaa ) at the end of the second trading day following the date of the General Assembly (which will be announced later).
Distribution Date
The distribution date will be announced later after the General Assembly that will approve the dividends’ distribution.
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