Jarir Marketing Board recommended a cash dividend on shareholders from the first quarter of 2021, with a total of 252 million riyals.
According to Arab Net, according to a statement of the company, the number of shares owed to profits was 120 million shares, with a share of 2.1 riyals of distribution per share, so that the distribution rate was 21%.
Jarir said the rest of the profits would be for the shareholders of the owner's owners of shares on 31/05/2021.
Jarir Marketing announced an increase in quarterly earnings for the first quarter of 2021 to 6.3% to 267.6 million riyals, compared to SR 251.7 million from the previous year.
The company's statement on the Saudi market site said: Although sales were negatively affected by decreased sales of school and office supplies as a result of converting the pattern of study to distance to reduce the spread of Corona virus, but the high sales of many retail sections, especially smart phones and computer sections, Led to high sales at 8.1%.
