STC plans SAR 1/share (10%) dividend for Q415

21/01/2016 Argaam

Saudi Telecom Company’s (STC) board of directors recommended on Thursday a 10 percent cash dividend to be issued at SAR 1 per share for the fourth quarter of 2015.

 

The announcement comes just after the company posted its Q4 results.

 

Cash Dividend Details (Q4-2015)

Current Capital

SAR 20,000 mln

Number of shares

2,000 mln shares

Cash dividend

SAR 2,000 mln

Percent capital

10% (SAR 1/share)

Record date

General Assembly meeting-determined later

Payment day

Determined later

 

Dividend for FY 2015

Total cash dividend

SAR 8,000 mln

Percent of capital

40% (SAR 4/shares)

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