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Taiba Investments to pay SAR 642m exceptional dividends for Q3

Taiba Investments to pay SAR 642m exceptional dividends for Q3
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TAIBA
4090
0.73% 27.40 0.20

Riyadh – Mubasher: Taiba Investments Company will distribute exceptional cash dividends totalling SAR 641.82 million for the third quarter (Q3) of 2021, according to a bourse filing on Monday.

The company will pay SAR 4 per share, representing 40% of the share’s par value, for 160.45 million eligible shares.

The decision of paying exceptional cash dividends for Q3-21 has been taken based on what was achieved as a result of selling part of the shares owned by Taiba Investments in SABIC Agri-Nutrients Company.

The eligibility date has been set as 21 November, while the distribution date will be announced later.