stc pays SAR 60B in 5 years; liquidity hits SAR 14B

Logo of Saudi Telecom Co. (stc)

Saudi Telecom Co. (stc) said during its first-half 2026 earnings call that it will maintain its quarterly dividend policy of SAR 0.55 a share through the third quarter of 2027.

The company said its cash dividend yield stood at 9.7% and its payout ratio at 142.9% at the end of the second quarter, based on dividends paid over the past 12 months, including the additional 2024 dividend of SAR 2 a share paid in June 2025 and the stock’s closing price on June 30, 2026.

Over the past five years, stc has paid total dividends of about SAR 60.1 billion through the end of the second quarter of 2026.

The group’s total assets continued to grow, reaching SAR 167 billion at the end of the second quarter, up 10% from a year earlier.

Cash and cash equivalents stood at about SAR 14 billion, including cash generated from non-banking operations and short-term murabaha investments.

stc said the liquidity level reflects the strength of its financial position and supports its ability to pursue growth and expansion plans while capitalizing on future investment opportunities.

Meanwhile, stc tv subscribers rose 17.6% year on year to 6.34 million at the end of the second quarter, supported by enhanced offerings and increased content on the platform.

On credit ratings, the group maintained high ratings of A+ from Fitch, A+ from S&P, Aa3 from Moody’s and AAA from Tasneef, saying the ratings place it among the highest-rated telecom companies globally.