Taiba’s shareholders to vote on dividends for Q4 2019 on March 25

04/03/2020 Argaam Exclusive

Taiba Investments Co.’s (Taiba) shareholders are set to vote on a board recommendation to distribute a 4.5% cash dividend, or SAR 0.45 per share, for the fourth quarter of 2019, during the general assembly meeting that will be held on March 25, 2020.

 

Moreover, the assembly will vote on authorizing the board to distribute interim cash dividends on a semi-annual or quarterly basis for the fiscal year 2020.

 

Dividend Details for Q4 2019

Current Capital

SAR 1.6 bln

Number of shares

160.46 mln

Dividend

SAR 72.21 mln

Percentage of capital

4.5% (SAR 0.45 per share)

Record date

The day following the assembly’s meeting

Payment date

To be determined

Dividend Details for 2019

Total dividends

SAR 288.81 mln

Percentage of capital

18% (SAR 1.8 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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
05/11/2018 07/11/2018 15/11/2018 75.00 0.50
02/08/2018 07/08/2018 27/08/2018 60.00 0.40
30/05/2018 31/05/2018 12/06/2018 60.00 0.40
25/03/2018 15/04/2018 01/05/2018 60.00 0.40
28/09/2017 02/10/2017 17/10/2017 60.00 0.40
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 5.20 40.46 12.85 %
Last 5 Financial years 8.80 40.65 21.65 %
Last 10 Financial years 16.50 16.60 99.40 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

39.50
(0.15) (0.38 %)

Valuation Data (Latest Share Price)

P/E (TTM) 46.02
P/E Before Unusual Items (TTM) 31.39
P/BV 1.53
Dividend Yield 2.43 %
Market Cap. (M) 10,288.17
Return on Average Assets 3.09 %
Return on Average Equity 4.20 %

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