Taiba shareholders authorize board to pay 2023 interim dividend
04/04/2023 Argaam
Taiba Investments Co.
Taiba Investments Co.’s shareholders authorized the board of directors to pay an interim dividend on a semi-annual or a quarterly basis for 2023, during the ordinary general meeting (OGM) held on April 3, according to a statement to Tadawul.
Shareholders also approved that Chairman Ibrahim Al-Issa and Vice-Chairman Anas Serafi would participate in competitive business activities.
According to data available on Argaam, the company did not pay a cash dividend for 2022. However, it paid SAR 4 a share for 2021 after selling a stake in SABIC Agri-Nutrients Co.