Saudi Telecom plans 10% dividend for Q4 2017

25/01/2018 Argaam

 

Saudi Telecom Company (STC) on Thursday said it will pay a 10 percent cash dividend, to be issued at SAR 1 per share, for the fourth quarter of 2017.

 

Cash Dividend Details (Q317)

Current Capital

SAR 20 bln

Number of shares

2 bln

Cash dividend

SAR 2 bln

Percent capital

10% (SAR 1/share)

Record date

General assembly meeting

Payment day

To be determined

 

Dividend for FY 2017

Total cash dividend

SAR 8 bln

Percent of capital

40% (SAR 4/shares)

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