Jarir plans 17% dividend for Q1 2020

11/06/2020 Argaam Exclusive

Jarir Marketing Co.’s board of directors recommended a 17% cash dividend for the first quarter of 2020, at SAR 1.7 per share, amounting to SAR 204 million.

Dividend Details (Q1 2020)

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 204 mln

Percentage of capital

17% (SAR 1.7 per share)

Record date

June 15, 2020 (shareholders registered with the Securities Depository Center (Edaa) second day following the general assembly date)

Payment date

June 24, 2020

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12.70
(0.02) (0.16 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.68
P/E Before Unusual Items (TTM) 15.68
P/BV 8.57
Dividend Yield 5.36 %
Market Cap. (M) 15,240.00
Return on Average Assets 23.53 %
Return on Average Equity 54.31 %

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