STC approves 10% dividend for Q1 2017

04/05/2017 Argaam

Saudi Telecom Co.’s (STC) board of directors has recommended a 10 percent cash dividend for first quarter 2017, at SAR 1 per share, amounting to SAR 2 billion.

 

Cash Dividend Details (Q1-2016)

Current Capital

SAR 20,000 mln

Number of shares

2,000 mln shares

Cash dividend

SAR 2,000 mln

Percent capital

10% (SAR 1 per share)

Record date

May 11, 2017

Payment date

May 29, 2017

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