stc shareholders to vote on additional 10% cash dividend for 2020 on April 26
Saudi Telecom Co.’s (stc) shareholders are set to vote on the board's recommendation on distributing an additional 10% cash dividend, or SAR 1 per share, for 2020, during the extraordinary general meeting (EGM) to be held on April 26, 2021.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 20 bln |
|
Number of shares |
2 bln |
|
Dividend |
SAR 2 bln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
April 26, 2021 (Shareholders registered in the registry at the Securities Depository Center (Edaa) at the end of second trading day following the general assembly date) |
|
Payment date |
May 24, 2021 |
|
Dividend Details (2020) |
|
|
Dividend |
SAR 10 bln |
|
Percentage of capital |
50% (SAR 5 per share) |
The company said in a statement on Tadawul that the agenda includes voting on elect members of the board of directors for the next session, starting April 28, 2021, for three years, ending on April 27, 2024.
The company announced in a separate statement that the dividend distribution for the fourth quarter of 2020 will be on May 24, 2021.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 25/03/2021 | 26/04/2021 | 24/05/2021 | 2,000.00 | 0.40 | |
| 21/01/2021 | 26/04/2021 | 24/05/2021 | 2,000.00 | 0.40 | |
| 21/10/2020 | 28/10/2020 | 18/11/2020 | 2,000.00 | 0.40 | |
| 22/07/2020 | 28/07/2020 | 25/08/2020 | 2,000.00 | 0.40 | |
| 21/04/2020 | 28/04/2020 | 19/05/2020 | 2,000.00 | 0.40 | |
| 22/01/2020 | 20/04/2020 | 11/05/2020 | 2,000.00 | 0.40 | |
| 22/10/2019 | 29/10/2019 | 19/11/2019 | 2,000.00 | 0.40 | |
| 22/07/2019 | 29/07/2019 | 26/08/2019 | 2,000.00 | 0.40 | |
| 22/04/2019 | 05/05/2019 | 27/05/2019 | 2,000.00 | 0.40 | |
| 16/12/2018 | 24/04/2019 | 16/05/2019 | 2,000.00 | 0.40 |
Dividend History
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 6.00 | 27.27 | 22.00 % |
| Last 5 Financial years | 9.20 | 26.98 | 34.10 % |
| Last 10 Financial years | 14.70 | 17.16 | 85.66 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Most Read
- United Securities issues Q1 2026 earnings forecasts
- Non-institutional foreign ownership ex-Aramco down to 11.34% last week
- Energy facilities across Saudi Arabia disrupted on recent attacks: Official
- Jadwa REIT Al Haramain raises SAR 75.6M in proceeds from fund exit
- Demand fundamentals ‘strong’, growth opportunities in digital infrastructure: Bawan CEO
Valuation Data (Latest Share Price)
| P/E (TTM) | 14.42 |
| P/E Before Unusual Items (TTM) | 14.93 |
| P/BV | 2.56 |
| Dividend Yield | 5.11 % |
| Market Cap. (M) | 213,800.22 |
| Return on Average Assets | 9.32 % |
| Return on Average Equity | 17.16 % |
Comments Analysis: