Business · Companies · 2 hrs ago
Jarir to pay shareholders 360 million riyals for third quarter
Jarir Marketing will pay 360 million riyals in dividends for the third quarter of 2026.
The Saudi retailer’s dividend is 30 halalas for each eligible share.
Shareholders must own the shares by the end of November 16 to qualify.
The company plans to distribute the money on November 25.
Jarir’s third-quarter net profit rose 15.1% to 374 million riyals compared with the same period last year.
Higher gross profit and improved margins helped lift earnings, while sales increased 7.8% to 3.15 billion riyals.
Jarir Marketing’s board approved cash dividends of 360 million riyals for shareholders for the third quarter of 2026.
The dividend is 30 halalas per share, equal to 30% of the share’s nominal value.
The entitlement date is November 16, 2026, and the company plans to distribute the dividends on November 25.
The company reported third-quarter net profit of 374 million riyals, up 15.1% from the same period a year earlier.
- Who
- Jarir Marketing and its shareholders.
- What
- The company approved cash dividends of 360 million riyals for the third quarter of 2026.
- When
- The board decision was reported on November 8, 2026. The entitlement date is November 16, and payment is scheduled for November 25.
- Where
- Saudi Arabia; the company disclosed the decision through Tadawul.
- Why
- The dividends are part of the company’s policy of distributing cash profits to shareholders.
This story does not have two clearly opposing sides.
Jarir Marketing announced the board’s decision to distribute 360 million riyals in third-quarter dividends.
Shareholders who own shares at the end of the day are entitled to the dividend.
The company is scheduled to distribute the dividends.
- Total dividend
- 360 million riyals
- Dividend per share
- 30 halalas
- Shares eligible
- 1.2 billion
- Entitlement date
- November 16, 2026
- Payment date
- November 25, 2026
- Third-quarter net profit
- 374 million riyals, up 15.1% year on year