Riyadh – Mubasher: Jarir Marketing said Sunday that shareholders of record until 3 August would be entitled to the cash dividends for the second quarter of 2016 starting from 11 August, according to a bourse a filing.

Earlier, the board of directors approved distributing cash dividends at SAR 1.25 a share, or 12.5% of capital, totaling SAR 112.5 million.

The company's paid-in capital stands at SAR 900 million, divided into 90 million shares at a par value of SAR 10 each.

Its profits for the second quarter fell by 17% year-over-year to SAR 128.5 million.

The stock quote was 0.88% down to SAR 113 on Thursday.