Jarir board recommends 17% cash dividend for Q2 2020

11/08/2020 Argaam Exclusive

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

Dividend Details (Q2 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

August 17, 2020 (Including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date)

Payment date

August 26, 2020

Dividend for H1 2020

Dividend

SAR 408 mln

Percentage of capital

34% (SAR 3.4 per share)

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13.02
(0.18) (1.36 %)

Valuation Data (Latest Share Price)

P/E (TTM) 16.28
P/E Before Unusual Items (TTM) 16.28
P/BV 9.46
Dividend Yield 5.36 %
Market Cap. (M) 15,624.00
Return on Average Assets 23.85 %
Return on Average Equity 57.56 %

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