The Board of Directors of Taiba Holding Company recommended on 23/4/1435 H corresponding to 23/02/2014 the recommendation of the 28th Ordinary General Assembly for the shareholders of Taiba to approve the distribution of additional cash dividends to Taiba shareholders for the fourth quarter of the fiscal year 2013 as follows:
1 – Total amount distributed 60,000,000 riyals.
2. Share per share is SAR 0.40.
3. The distribution ratio of the nominal value of the share is 4%.
4 – The right to profits will be for the shareholders of the good registered with the Securities Depository Center (Tadawul) at the end of the trading day of the twenty-eighth ordinary general assembly, which will be announced later.
5. The distribution date will be announced later.
Thus, the total distributed and proposed dividends for the fiscal year 2013 will be SR 210,000,000 and SR 10 million, representing 14% of the nominal value of SAR 1.4 per share.