Mubasher: The board members of Taiba Holding Co have recommended distributing SAR 0.50 per share as cash dividends for the third quarter of fiscal year 2018.
The recommended dividends represent 5% of the company’s nominal value at a total of SAR 75 million, according to a bourse disclosure on Monday.
Taiba noted that the dividends will be distributed to the shareholders of record on Wednesday, 7 November.
The Tadawul-listed company will later announce the distribution.