Jul 20 2011 |
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Saudi Arabia: SR80m cash dividends for Jarir shareholders
JEDDAH: Jarir Marketing Company CEO Abdulkarim Al-Agil announced on Tuesday that the board of directors had approved the distribution of cash dividends amounting to SR80 million (SR2 per share) to shareholders, representing profit distribution for the second quarter of 2011.Al-Agil said in a statement posted on the Tadawul website the dividends will be distributed to shareholders registered in Jarir 's book by the end of trading date of Monday Aug. 1, 2011(record date).
The dividends payment process will start from August 15 (payment date).
The company distributed cash dividends for Q1, 2011 amounted to SR2.7 per share bringing the total cash dividends for the six months ended June 30, 2011 to SR4.7 per share.
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