Saudi Telecom Co. (STC) will distribute a 10 percent cash dividend for the second quarter 2017, at SAR 1 per share, amounting to SAR 2 billion.
Dividend will be distributed through branches of Banque Saudi Fransi, the telecom operator said in a bourse statement on Wednesday.
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Cash Dividend Details (Q2 2017) |
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Current Capital |
SAR 20 bln |
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Number of shares |
2 bln shares |
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Cash dividend |
SAR 2 bln |
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Percent capital |
10% (SAR 1 per share) |
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Record date |
July 31, 2017 |
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Payment date |
Aug. 20, 2017 |
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Dividend for H1 2017 |
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Total cash dividend |
SAR 4 bln |
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Percent of capital |
20% (SAR 2/share) |
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