stc plans 10% dividend for Q4 2020

21/01/2021 Argaam Exclusive

stc board of directors recommended a 10% cash dividend for the fourth quarter of 2020, at SAR 1 per share, amounting to SAR 2 billion, it said in a bourse statement today.

 

Dividend Details (Q4 2020)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend

SAR 2 bln

Percentage of capital

10% (SAR 1 per share)

Record date

Shareholders registered at the end of second trading day after the general assembly meeting, which will be announced later.

Payment date

To be announced later

 

Dividend details (FY2020)

Dividend

SAR 8 bln

Percentage of capital

40% (equivalent to SAR 4 per unit)

 

The total number of treasury shares related to the Employees Stock Incentives Plan stood at 2,982,700 and are not entitled for any dividend distribution.

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40.00
0.05 0.13 %

Valuation Data (Latest Share Price)

P/E (TTM) 14.81
P/E Before Unusual Items (TTM) 16.51
P/BV 2.52
Dividend Yield 6.42 %
Market Cap. (M) 200,000.00
Return on Average Assets 8.50 %
Return on Average Equity 17.08 %

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