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)
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Valuation Data (Latest Share Price)
| P/E (TTM) | 14.07 |
| Recurring P/E (TTM) | 14.65 |
| P/BV | 2.43 |
| Dividend Yield | 5.11 % |
| Market Cap. (M) | 206,500.00 |
| Return on Average Assets | 9.21 % |
| Return on Average Equity | 17.50 % |
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