stc shareholders approve 10% additional dividend for 2023
stc shareholders approved the payment of a 10% additional cash dividend for 2023 during the ordinary general meeting held on April 25, according to a Tadawul statement.
|
Details of Additional Cash Dividend |
|
|
Current Capital |
SAR 50 bln |
|
No. of Shares |
5 bln |
|
Total Dividend* |
SAR 4.98 bln |
|
Percentage of Capital |
10% (SAR 1 a share) |
|
Record Date |
April 25, 2024 |
|
Payment Date |
May 15, 2024 |
*4.98 bln eligible shares
|
Total Dividends for 2023 |
|
|
Total Dividends |
SAR 12.95 bln |
|
Percentage of Capital |
26% (SAR 2.6 a share) |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/02/2024 | 25/02/2024 | 14/03/2024 | 1,993.80 | 0.40 | |
| 19/02/2024 | 25/04/2024 | 15/05/2024 | 4,984.50 | 1.00 | |
| 30/10/2023 | 05/11/2023 | 23/11/2023 | 1,993.80 | 0.40 | |
| 30/07/2023 | 03/08/2023 | 23/08/2023 | 1,993.79 | 0.40 | |
| 10/05/2023 | 18/05/2023 | 07/06/2023 | 1,992.87 | 0.40 | |
| 20/02/2023 | 26/02/2023 | 16/03/2023 | 1,992.87 | 0.40 | |
| 27/10/2022 | 02/11/2022 | 22/11/2022 | 1,996.15 | 0.40 | |
| 03/08/2022 | 07/08/2022 | 25/08/2022 | 1,997.50 | 0.40 | |
| 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 |
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 | 5.80 | 42.40 | 13.67 % |
| Last 5 Financial years | 9.40 | 36.60 | 25.67 % |
| Last 10 Financial years | 18.00 | 22.20 | 81.06 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Most Read
- Umm Al Qura for Development, Electromin launch first electric BRT network at Masar Destination in Makkah
- EFG Hermes Successfully Concludes Action Energy Company’s Private Placement and Listing on Boursa Kuwait, Reinforcing Investor Confidence in Kuwait
- stc inks MoU with HUMAIN to develop AI data centers
- Alramz debuts on TASI today at SAR 70/share
- Fakeeh Care signs SAR 97.3M land lease deal with Madinah Municipality
Valuation Data (Latest Share Price)
| P/E (TTM) | 8.40 |
| P/E Before Unusual Items (TTM) | 16.78 |
| P/BV | 2.51 |
| Dividend Yield | 9.35 % |
| Market Cap. (M) | 210,300.21 |
| Return on Average Assets | 15.86 % |
| Return on Average Equity | 30.67 % |
Call Request
Comments Analysis: