stc board declares 10% cash dividend for Q1 2022

28/04/2022 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

stc's board of directors recommended a 10% cash dividend for the first quarter of 2022, at SAR 1 per share, amounting to SAR 2 billion, according to a bourse statement.

 

Dividend Details (Q1 2022)

Current capital

SAR 20 bln

Number of shares*

2 bln

Dividend

SAR 1.997 bln

Percentage of capital

10% (equivalent to SAR 1 per share)

Record date

May 11, 2022 (Eligibility for shareholders registered with the Securities Depository Center (Edaa) by the close of trading on the second trading day after the due date)

Payment date

May 31, 2022
*The total number of treasury shares related to the employees' stock incentives plan stood at 2.85 million at the end of Q1 2022 and these shares are not entitled for any dividend distribution.

 

The company said that the dividend distribution comes in accordance with the approved dividend policy for three years starting from the Q4 2021, which was announced on September 27, 2021, and has been ratified during the ordinary general assembly meeting on November 30, 2021.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
28/04/2022 11/05/2022 31/05/2022 1,997.10 0.40
21/02/2022 27/02/2022 17/03/2022 1,997.10 0.40
21/10/2021 28/10/2021 18/11/2021 1,997.00 0.40
02/08/2021 05/08/2021 26/08/2021 2,000.00 0.40
22/04/2021 04/05/2021 31/05/2021 2,000.00 0.40
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
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

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 5.20 40.32 12.89 %
Last 5 Financial years 9.20 27.27 33.72 %
Last 10 Financial years 16.30 17.36 93.87 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Saudi Telecom Co.
41.96
(0.04) (0.10 %)

Most Read

Valuation Data (Latest Share Price)

P/E (TTM) 8.20
P/E Before Unusual Items (TTM) 16.48
P/BV 2.54
Dividend Yield 9.35 %
Market Cap. (M) 209,700.21
Return on Average Assets 16.40 %
Return on Average Equity 32.14 %

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request