STC plans 10% dividend for Q3 2018

24/10/2018 Argaam

Saudi Telecom Co.’s (STC) board of directors has recommended a 10 percent cash dividend for the third quarter of 2018, at SAR 1 per share, amounting to SAR 2 billion.

 

Dividend Details (Q3 2018)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend

SAR 2 bln

Percentage of capital

10% (SAR 1 per share)

Record date

Oct 29, 2018

Payment date

Nov. 20, 2018

Dividend for 9M 2018

Total dividend

SAR 6 bln

Percentage of capital

30% (SAR 3/share)

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