stc shareholders to vote on additional 20% cash dividend for 2024 on May 13
stc shareholders will vote on the board’s proposal to pay an additional one-time cash dividend of 20% of capital (SAR 2 per share) for 2024 at an ordinary general meeting (OGM) on May 13.
|
Additional Dividend Details (2024) |
|
|
Current Capital |
SAR 50 bln |
|
Number of Shares* |
5 bln |
|
Total Dividend |
SAR 9.97 bln |
|
Percentage of Capital |
20% (SAR 2 per share) |
|
Record Date |
May 13, 2025 (Shareholders registered with the Security Depository Center as of the close of the second trading day after OGM) |
|
Payment Date |
June 2, 2025 |
|
Total Dividends (2024) |
|
|
Total Dividend |
SAR 18.69 bln |
|
Percentage of Capital |
37.5% (SAR 3.75 per share) |
In a statement to Tadawul, stc said the total number of treasury shares that are allocated for the employee stock incentive program and are not eligible for the dividend distribution amounts to 13.08 million shares to date.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 26/02/2025 | 05/03/2025 | 24/03/2025 | 2,742.80 | 0.55 | |
| 26/02/2025 | 13/05/2025 | 02/06/2025 | 9,973.82 | 2.00 | |
| 04/11/2024 | 06/11/2024 | 26/11/2024 | 1,994.76 | 0.40 | |
| 23/07/2024 | 28/07/2024 | 15/08/2024 | 1,994.76 | 0.40 | |
| 08/05/2024 | 21/05/2024 | 10/06/2024 | 1,993.80 | 0.40 | |
| 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 |
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 | 7.95 | 44.56 | 17.83 % |
| Last 5 Financial years | 11.55 | 40.32 | 28.63 % |
| Last 10 Financial years | 20.35 | 26.50 | 76.77 % |
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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 % |
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