Saudi Telecom Company (STC) agreed on Wednesday to issue a 10 percent cash dividend at SAR 1 per share for fourth quarter 2014.
The company also agreed to elect new board members for a period of three years, effective April 28, 2015.
|
Cash Dividend Details |
|
|
SAR 20,000 mln |
Current capital |
|
2,000 mln shares |
Number of shares |
|
SAR 2,000 mln |
Cash dividend |
|
10% ( SAR 1/share) |
Percent of capital |
|
April 1, 2015 |
Record date |
|
April 16, 2015 |
Payment day |
|
2014 Dividend |
|
|
SAR 7,000 mln |
Total dividend |
|
35% ( SAR 3.5/share) |
Percent of capital |
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