Taiba shareholders authorize board to distribute dividend for 2022

Taiba Investments building

Shareholders of Taiba Investments Co. authorized the board of directors to distribute dividend for 2022 on a quarterly or a semi-annual basis, during the ordinary general assembly meeting (OGM) held on April 18.

In a statement to Tadawul, the company said the shareholders approved the distribution of interim cash dividends for Q3 2021, at 40% of the capital, or SAR 4 per share, from the balance of profits, and for limiting 2021 dividends to this payment.