Taiba shareholders to vote on 7.5% dividend for 2024 on May 13

22/04/2025 Argaam Exclusive

Shareholders of Taiba Investments Co. (Taiba) are set to vote on the board’s recommendation on a 7.5% cash dividend, or SAR 0.75 per share, for 2024, during the ordinary general meeting (OGM) scheduled for May 13.

 

Dividend Details (2024)

Current Capital

SAR 2.60 bln

Number of shares

260.46 mln

Dividend

SAR 195.34 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

May 13, 2025 (Shareholders registered with Edaa by the close of the second trading day following the OGM date)

Payment date

May 29, 2025

 

In a statement to Tadawul, Taiba added that shareholders will also discuss authorizing the board to pay semi-annual or quarterly dividends for 2025.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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
07/03/2019 09/04/2019 18/04/2019 75.00 0.50
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

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 1.40 31.80 4.40 %
Last 5 Financial years 6.40 31.40 20.38 %
Last 10 Financial years 15.20 40.65 37.39 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

34.20
(1.88) (5.21 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.90
P/E Before Unusual Items (TTM) 30.24
P/BV 1.30
Dividend Yield 1.82 %
Market Cap. (M) 8,907.74
Return on Average Assets 3.95 %
Return on Average Equity 5.73 %

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