Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) will distribute a cash dividend of SAR 1.4 per share, representing 14% of the share’s par value, for the second quarter (Q2) of 2021.
The company will pay a total amount of SAR 168 million for 120 million shares eligible for distribution, according to a disclosure to Tadawul on Wednesday.
Jarir will pay the dividends on 25 August to the shareholders of record date equivalent to 16 August.
In Q2-21, the company registered a decline of 9% in net profits to SAR 189.2 million from SAR 208.4 million in Q2-20.
In addition, Jarir achieved net profits after Zakat and tax worth SAR 456.9 million during the first half (H1) of 2021, down by 0.7% from SAR 460.1 million in H1-20.