Taiba Holding Company announces the recommendation of the Board of Directors on 2017/07 / 30M to distribute cash dividends to shareholders for the second quarter of the fiscal year 2017 as follows:
1. Total amount distributed 60,000,000 riyals
2. Number of shares due for distribution 150,000,000 shares.
3. Share per share is SAR 40.0.
4. Distribution ratio to nominal value per share 4%
5. Eligibility for dividends to the shareholders of the Company by the end of trading on Tuesday 2017/08/01 and registered in the Company’s register with the Securities Depository Center (deposit) by the end of the second trading day following the maturity date.
6. The distribution date will be announced later.
The amounts of profits will be transferred to the investment accounts associated with the portfolios of the good shareholders registered in their records with the Depository Center, while the amounts of profits due to the holders of the certificates who have not yet opened investment portfolios will be maintained at Taiba where their profits will be transferred to their investment accounts linked to their portfolios Open them and a good notice to complete updating their data including their account numbers associated with their investment portfolios. Taiba also hopes to review the shareholders’ lists published on the website
www.taiba.com.sa if the holders of these certificates do not pay their previous profits.