Jarir Marketing Co.’s board of directors has recommended a 23.5 percent cash dividend for the fourth quarter of 2018, at SAR 2.35 per share, amounting to SAR 282 million.
In October 2018, the company’s general assembly approved a capital hike to SAR 1.2 billion from SAR 900 mln, according to data compiled by Argaam.
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Dividend Details (Q4 2018) |
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Current Capital |
SAR 1.2 bln |
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Number of shares |
120 mln |
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Dividend |
SAR 282 mln |
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Percentage of capital |
23.5% (SAR 2.35 per share) |
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Record date |
March 18, 2019 |
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Payment date |
March 27, 2019 |
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Dividend for FY 2018 |
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Total dividend* |
SAR 942 mln |
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* The company paid 42% cash dividend for H1 2018 on a capital of SAR 900 mln
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