Jarir plans 14.5% dividend for Q2-17

07/08/2017 Argaam

Jarir Marketing Co.’s board of directors recommended a 14.5 percent cash dividend for second quarter 2017, at SAR 1.45 per share, amounting to SAR 131 million.

This takes the total dividend for the first half to SAR 3.65 per share.

 Cash Dividend Details (Q2 2017)

Current Capital

SAR 900 mln

Number of shares

90 mln

Cash dividend

SAR 131 mln

Percent capital

14.5% (SAR 1.45 per share)

Record date

August 15, 2017

Payment date

August 24, 2017

Dividend for H1-17

Total cash dividend

SAR 328.5 mln

Percent of capital

36.5% (SAR 3.65/share)


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