Taiba Holding approves 4% dividend for Q4 2016

13/04/2017 Argaam

Taiba Holding Co.’s general assembly has approved a 4 percent cash dividend (SAR 0.4 per share) for Q4 2016, bringing the total dividend issued for the full year to SAR 1.6 per share.

 

Cash Dividend Details (Q4 2016)

Current capital

SAR 1.5 bln

Number of shares

150 mln

Cash dividend

SAR 60 mln

Percent capital

4% (SAR 0.4/share)

Record date

April 12, 2017

Payment day

Within two weeks

 

Dividend for FY 2016

Total cash dividend

SAR 240 mln

Percent of capital

16% (SAR 1.6/share)

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