Riyadh – Mubasher: Taiba Holding announced distributing cash dividends at 4% or 40 halalas per share for the second quarter of 2017 on 15 August, according to a bourse filing on Monday.

Dividends will be deposited automatically through National Commercial Bank - Saudi Arabia (NCB) into the investment accounts of shareholders in all banks.

The dividends eligibility will be for shareholders registered by the end of trading on Tuesday following the due date.

By the end of July, the board of directors recommended distributing cash dividends of 40 halalas per share for Q2-17, with a total distribution of SAR 60 million and a nominal value of 4% for 150 million shares.

By the end of Sunday’s trading session, Taiba Holding inched up 0.6% to SAR 42.75.