Taiba Holding Co. said it will pay cash dividend for the first quarter of 2018, starting Tuesday at SAR 0.40 per share, the company said in a bourse statement Monday.

 

The dividend will be deposited into the accounts of shareholders. Registered shareholders at Edaa by the end of the second trading date following the record date are eligible to receive the dividend, it added.

 

Last month, the company’s board of directors recommended a 4 percent cash dividend for the first quarter of 2018, amounting to SAR 60 million.

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