Taiba Holding plans 5% cash dividend for Q415

17/02/2016 Argaam

Taiba Holding Co.’s board of directors recommended on Wednesday a 5 percent cash dividend to be issued at SAR 0.50 per share for Q4-2015.

 

Cash Dividend Details (Q4-2015)

Current Capital

SAR 1,500 mln

Number of shares

150 mln shares

Cash dividend

SAR 75 mln

Percent capital

5% (SAR 0.50/share)

Record date

Date of General Assembly meeting

Payment day

To be determined

 

Dividend for FY 2015

Total cash dividend

SAR 300 mln

Percent of capital

20% (SAR 2/shares)