The company said in a statement to the Saudi market (Tadawul) today, Thursday, that the proposed profits for the first half of 2020 are 5% in cash, at 0.5 riyals per share.
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The company explained that the number of shares due for profits is estimated at 160.46 million shares.
The profits are due to the shareholders who own the company’s shares at the end of trading on August 6, 2020 and registered in the shareholders ’register with the Securities Depository Center (deposit) company at the end of the second trading day following the due date.
Tiba noted for the investment in the statement that the date of dividend distribution will be on August 20, 2020.
The profit amounts will be transferred by Riyad Bank to the investment accounts associated with the portfolios of the good shareholders, fixed in their records with the depository center.
While the profits amounts due for the certificate holders who - who have not yet opened investment portfolios - will be kept with the company where the amounts of their profits will be transferred to their investment accounts linked to their portfolios after they have opened them And the company’s notice to complete updating their data, including their account numbers associated with their investment portfolios.
