Riyadh – Mubasher: The ordinary general meeting (OGM) of Taiba Investments Company has approved distributing cash dividends, representing 5% of the capital, for the second half (H2) of 2020.
The cash dividend payout stands at SAR 0.50 per share, aggregating at a total amount of SAR 80.23 million, according to a bourse filing on Tuesday.
The dividends will be distributed on 15 April 2021.
It is noteworthy to mention that in 2020, the company gained SAR 98.77 million in net profits, a drop of 42.5% when compared to SAR 171.9 million in 2019.
