Saudi Telecom Company’s (STC) board of directors on Thursday recommended a 10 percent cash dividend to be issued at the rate of SAR 1 per share for the fourth quarter of 2016.
This takes the total dividend for the full year to SAR 4 per share.
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Cash Dividend Details (Q4-2016) |
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Current Capital |
SAR 20 bln |
|
Number of shares |
2 billion shares |
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Cash dividend |
SAR 2 bln |
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Percent capital |
10% (SAR 1/share) |
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Record date |
General assembly day (To be announced) |
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Payment day |
(To be announced) |
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Dividend for FY 2016 |
|
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Total cash dividend |
SAR 8 bln |
|
Percent of capital |
40% (SAR 4/share) |
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