stc to pay SAR 0.55/share dividend for Q4, SAR 2/share special dividend for 2024
Saudi telecom major stc will distribute cash dividends of SAR 0.55 per share, or 5.5% of the capital, for the fourth quarter of 2024.
Cash Dividend (Q4 2024) |
|
Capital |
SAR 50 bln |
Current Number of Shares* |
5 bln |
Total Dividend |
SAR 2.74 bln |
Percentage of Capital |
5.5% (SAR 0.55 per share) |
Record Date |
March 5, 2025 (Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date) |
Payment Date |
March 24, 2025 |
In a separate statement, stc board of directors recommended distributing special cash dividends of SAR 2 per share, or 20% of the capital, for 2024.
Special Cash Dividend (2024) |
|
Capital |
SAR 50 bln |
Current Number of Shares* |
5 bln |
Total Dividend |
SAR 9.97 bln |
Percentage of Capital |
20% (SAR 2 per share) |
Record Date |
Shareholders of record at the end of the second trading day following the general assembly meeting date, which will be set later. |
Payment Date |
Will be announced later |
Total Dividend (2024) |
|
Total dividend |
SAR 18.69 bln |
Percentage of capital |
37.5% (SAR 3.75 per share) |
The company stated that the total number of treasury shares not eligible for dividends and allocated for the employee incentive program reached 13.08 million by the end of the fourth quarter of 2024.
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 | - | - | 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) | 9.28 |
P/E Before Unusual Items (TTM) | 19.67 |
P/BV | 2.56 |
Dividend Yield | 9.35 % |
Market Cap. (M) | 229,000.00 |
Return on Average Assets | 15.42 % |
Return on Average Equity | 19.83 % |
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