The Board of Directors of Taiba Holding Company decided in its meeting held on 14/5/08 / 08H (2016/02 / 17G) to recommend to the 31st General Assembly the approval of the distribution of cash dividends to the shareholders of the Company for the fourth quarter of fiscal year 2015 as follows:
1. Total amount distributed 75,000,000 riyals
2. Share per share is SR 0.50
3. Distribution ratio of nominal value per share 5%
4. The right of profits to the shareholders of the company registered with the Securities Depository Center (Tadawul) at the end of the trading day
The 31st Ordinary General Assembly, the date of which will be announced later.
5. The distribution date will be announced later as the profit amounts will be transferred to the investment accounts
Associated with the portfolios of good shareholders listed in their trading records.
Thus, the total distributed dividends proposed for distribution for the fiscal year 2015 will be 300 million three hundred million riyals at a rate of 20% of the nominal value of the share of 2 riyals per share.
While the amount of profits due to the holders of certificates who have not yet opened an investment portfolio will be maintained at Thebes where their profits will be transferred to their investment accounts linked to their portfolios after opening them and a good notice to complete updating their data including their account numbers related to 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.