‎“Jarir Marketing” BOD to distribute SR246 mln cash dividends ‎for Q1‎

Jarir Marketing Co. announced the decision of the Board of Directors to distribute cash dividends to shareholders for the first quarter of the fiscal year 2023 AD, with a total amount distributed of 246 million riyals, provided that the share from the distribution is 2.05 riyals, and with a distribution ratio to the nominal share value of 20.5%.

The company said that the number of shares due for dividends is 120 million shares, and the distribution date will be on 05/24/2023.

The eligibility for profits will be for the company’s shareholders who own shares on the maturity date, Monday 05/15/2023, and who are registered with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the maturity date.