AI Summary
Shareholders of Taiba Investments Co. will vote on distributing cash dividends at 6.5% (SAR 0.65 per share) for 2025, during the extraordinary general meeting (EGM) scheduled for May 10.
|
Cash Dividends |
|
|
Current capital |
SAR 2.60 bln |
|
Number of shares |
260.46 mln |
|
Total dividends |
SAR 169.30 mln |
|
Percentage of capital |
6.5% (SAR 0.65 per share) |
|
Record date |
May 10, 2026, for shareholders registered with Edaa by the end of the second trading day following the EGM |
|
Payment date |
Within 15 business days from the record date |
According to a Tadawul statement, the company said the agenda also includes voting on a 91.97% capital increase from SAR 2.60 billion to SAR 5 billion (0.9197 bonus share for each share held), through the capitalization of SAR 2.39 billion from the statutory reserve and share premium.
|
Capital Increase Details |
|
|
Current Capital |
SAR 2.6 bln |
|
Number of Shares |
260.46 mln |
|
New Capital |
SAR 5 bln |
|
New Number of Shares |
500 mln |
|
Percentage Increase |
91.97% |
|
Reason |
To strengthen the company’s capital structure, support its growth and expansion requirements in line with its strategic direction, and reinforce the strength and solidity of its financial position. |
|
Share Offerings |
0.9197 share for each share held |
|
Method |
Capitalizing SAR 2.39 bln from the statutory reserve and share premium balance, as follows: - Capitalizing SAR 1 bln from the statutory reserve. - Capitalizing SAR 1.39 bln from the share premium balance. |
|
Record Date |
Shareholders of record who are registered with Edaa by the end of the second trading day following the record date |
The company noted that fractional shares, if any, will be compiled into one portfolio and sold at market price. Proceeds will be distributed to eligible shareholders within no more than 30 days from determining the new shares allocation.
Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2026.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 02/03/2026 | 10/05/2026 | 31/05/2026 | 169.30 | 0.65 | |
| 19/03/2025 | 13/05/2025 | 29/05/2025 | 195.34 | 0.75 | |
| 27/03/2024 | 20/05/2024 | 03/06/2024 | 169.30 | 0.65 | |
| 15/11/2021 | 21/11/2021 | 05/12/2021 | 641.83 | 4.00 | |
| 17/12/2020 | 29/03/2021 | 15/04/2021 | 80.23 | 0.50 | |
| 16/07/2020 | 06/08/2020 | 20/08/2020 | 80.23 | 0.50 | |
| 27/02/2020 | 25/03/2020 | 09/04/2020 | 72.21 | 0.45 | |
| 13/11/2019 | 13/11/2019 | 28/11/2019 | 72.21 | 0.45 | |
| 04/08/2019 | 06/08/2019 | 26/08/2019 | 72.21 | 0.45 | |
| 12/06/2019 | 16/06/2019 | 30/06/2019 | 72.21 | 0.48 |
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 2.05 | 25.15 | 8.15 % |
| Last 5 Financial years | 6.05 | 30.10 | 20.10 % |
| Last 10 Financial years | 13.85 | 37.69 | 36.75 % |
| P/E (TTM) | 29.40 |
| P/E Before Unusual Items (TTM) | 41.37 |
| P/BV | 1.56 |
| Dividend Yield | 2.02 % |
| Market Cap. (M) | 10,689.29 |
| Return on Average Assets | 3.65 % |
| Return on Average Equity | 5.31 % |
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