Jarir Marketing and Ataa Educational Trade Ex-Dividend on Saudi Exchange

Two companies listed on the Saudi Exchange (TASI), Jarir Marketing Co. and Ataa Educational Co., began trading ex-dividend today, April 6. Shareholders of record as of the close of the previous session are eligible for the upcoming dividend distributions for both firms. When a stock trades ex-dividend, the value of the dividend is typically adjusted from the share price, meaning investors who purchase the stock on or after this date will not receive the most recently declared payout.