Riyadh-Mubasher: Jarir Marketing Group (JMC) said its general meeting held on Wednesday approved cash dividends for 2015 at 77.1% of capital, or SAR 7.71 a share.

Shareholders also authorised the board to pay quarterly dividends and set the record and payout dates.

They also approved paying annual bonus of SAR 1.60 million to board members at SAR 200,000 each.

The company's 2015 net earnings increased 11% to SAR 828.5 million, compared with SAR 745 million a year earlier.