Taiba shareholders approve 5% cash dividend for H2 2020

30/03/2021 Argaam Exclusive

Taiba Investments Co.’s shareholders approved the board recommendation on paying cash dividend at 5% of capital, or SAR 0.5 a share, for H2 2020, during the company’s ordinary general meeting (OGM) held on March 29, 2021.

 

During the meeting, shareholders also authorized the board to pay interim dividends on a semi-annual or quarterly basis for 2021.

Dividend Details (H2 2020)

Current Capital

SAR 1.6046 bln

Number of shares

160.46 mln

Dividend

SAR 80.23 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

March 29, 2021 (Shareholders registered in the company’s register at the Securities Depository Center at the end of the second trading day following the maturity date)

Payment date

April 15, 2021

Dividend Details (2020)

Total Dividend

SAR 160.46 mln

Percentage of capital

10% (SAR 1 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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
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
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 4.60 34.55 13.31 %
Last 5 Financial years 7.80 37.69 20.70 %
Last 10 Financial years 16.50 15.45 106.80 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

37.45
(0.55) (1.45 %)

Valuation Data (Latest Share Price)

P/E (TTM) 43.63
P/E Before Unusual Items (TTM) 29.77
P/BV 1.45
Dividend Yield 2.43 %
Market Cap. (M) 9,754.23
Return on Average Assets 3.09 %
Return on Average Equity 4.20 %

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