STC plans 10% dividend for Q2 2019

22/07/2019 Argaam

Saudi Telecom Co.’s (STC) board of directors has recommended a 10 percent cash dividend for the second quarter of 2019, at SAR 1 per share, amounting to SAR 2 billion.

 

Dividend Details (Q2 2019)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend

SAR 2 bln

Percentage of capital

10% (SAR 1 per share)

Record date

July 29, 2019

Payment date

Aug. 26, 2019

Dividend for H1 2019

Total dividend

SAR 4 bln

Percentage of capital

20% (SAR 2/share)

 

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