Taiba Holding recommends 4% dividend for Q417

25/03/2018 Argaam

Taiba Holding Co.’s board of directors has recommended a 4 percent cash dividend for the fourth quarter of 2017, at SAR 0.4 per share, amounting to SAR 60 million.

Cash Dividend Details (Q4 2017)

Current Capital

SAR 1.5 bln

Number of shares

150 mln

Cash dividend

SAR 60 mln

Percent capital

4% (SAR 0.4 per share)

Record date

Second trading day after general assembly meeting

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 240 mln

Percent of capital

16% (SAR 1.60/share)


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