Jarir board recommends 21% cash dividend for Q3 2020

04/11/2020 Argaam Exclusive

Jarir Marketing Co.’s board of directors recommended a 21% cash dividend for the third quarter of 2020, at SAR 2.1 per share, amounting to SAR 252 million.

Dividend Details (Q3 2020)

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 252 mln

Percentage of capital

21% (SAR 2.1 per share)

Record date

Nov. 9, 2020 (Including shareholders  registered with Edaa at the end of second trading day following the due date)

Payment date

Nov. 18, 2020

Dividend for 9M 2020

Dividend

SAR 660 mln

Percentage of capital

55% (SAR 5.5 per share)

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12.72
(0.04) (0.31 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.71
P/E Before Unusual Items (TTM) 15.71
P/BV 8.58
Dividend Yield 5.36 %
Market Cap. (M) 15,264.00
Return on Average Assets 23.53 %
Return on Average Equity 54.31 %

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