Taiba Holding’s board proposes dividend for Q4 2016

23/02/2017 Argaam

The board of Taiba Holding Co. has proposed a 4 percent cash dividend (SAR 0.4 per share) for fourth quarter 2016, bringing the total dividend issued for the full year to SAR 1.60 per share.

 Cash Dividend Details (Q4-2016)

Current capital

SAR 1,500 mln

Number of shares

150 mln

Cash dividend

SAR 60 mln

Percent capital

4% (SAR 0.4/share)

Record date

General assembly (To be announced)

Payment day

To be announced

Dividend for FY 2016

Total cash dividend

SAR 240 mln

Percent of capital

16% (SAR 1.60/share)


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