The Board of Directors of Taiba Investment Company has recommended the distribution of exceptional cash dividends of 641.83 million riyals, for 160.46 million shares for the fiscal year 2021.
According to Arabiya Net, the company said in a statement, that the share of the distribution is 4 riyals, which is equivalent to 40% of the distribution ratio to the nominal value of the share.
Eligibility is for the shareholders who own the company's shares at the end of trading on Sunday, November 21, 2021 and who are registered in the company's shareholders register with the Securities Depository Center Company as a deposit at the end of the second trading day following the due date The distribution date will be announced later.
Taiba Investments said that the exceptional distribution was due to the returns achieved as a result of selling part of Taiba's shares in SABIC Agri-Nutrients Company.
