Riyadh – Mubasher: Jarir Marketing’s board of directors approved distributing cash dividends at SAR 1.45 per share for the second quarter of 2017 on 24 August.
Total distributions amounted to SAR 130.5 million, making up 14.5% of the share’s par value, according to a statement to the Saudi Stock Exchange (Tadawul).
Dividends will be distributed among shareholders of record by the end of the second trading day following the maturity date, and eligibility will be for shareholders at the end of trading on Tuesday, 15 August.
The stock increased 2.03%, closing at SAR 157 on Sunday.
