Riyadh – Mubasher: The board of Ataa Educational Company recommended the distribution of SAR 31.57 million in cash dividends to shareholders for the second half (H2) of the fiscal year (FY) that ended on 31 July 2026.
The proposed payout targets 42.08 million eligible shares, resulting in a distribution of SAR 0.75 per share. This represents 7.50% of the nominal share value.
Eligibility for the dividend will be granted to shareholders owning stock at the close of trading on the day of the upcoming General Assembly meeting, which the company stated will be announced at a later date.
These shareholders must be registered with the Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date.
Ataa Educational confirmed that the specific date and mechanism for the dividend payment will be disclosed following regulatory approval and the conclusion of the General Assembly.
The company advised shareholders to update their banking information to ensure the direct deposit of funds into their investment accounts.
At the end of July, the net profits of Ataa Educational jumped by 17.56% year-on-year (YoY) to SAR 97.34 million from SAR 82.81 million.
