stc board recommends additional 10% cash dividend for 2020

25/03/2021 Argaam Exclusive

Saudi Telecom Co.’s (stc) board of directors recommended the distribution of additional 10% cash dividend for 2020, at SAR 1 per share, amounting to SAR 2 billion, according to a bourse filing.

 

Dividend Details (2020)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend

SAR 2 bln

Percentage

10 % (SAR1 per share)

Record date

For shareholders registered at the end of second trading day after the day of the annual general assembly meeting, which will be announced later

Distribution date

To be announced later

Dividend Details (2020)

Dividend

SAR 10 bln

Percentage of capital

50% (SAR 5 per share)

 

The company said that the recommendation will be submitted for approval at the upcoming annual general assembly.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
21/01/2021 26/04/2021 24/05/2021 4,000.00 0.80
21/10/2020 28/10/2020 18/11/2020 2,000.00 0.40
22/07/2020 28/07/2020 25/08/2020 2,000.00 0.40
21/04/2020 28/04/2020 19/05/2020 2,000.00 0.40
22/01/2020 20/04/2020 11/05/2020 2,000.00 0.40
22/10/2019 29/10/2019 19/11/2019 2,000.00 0.40
22/07/2019 29/07/2019 26/08/2019 2,000.00 0.40
22/04/2019 05/05/2019 27/05/2019 2,000.00 0.40
16/12/2018 24/04/2019 16/05/2019 6,000.00 1.20
24/10/2018 29/10/2018 20/11/2018 2,000.00 0.40
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

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 6.00 27.27 22.00 %
Last 5 Financial years 9.20 26.98 34.10 %
Last 10 Financial years 14.70 17.16 85.66 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

43.10
(0.75) (1.71 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.65
P/E Before Unusual Items (TTM) 18.31
P/BV 2.82
Dividend Yield 6.42 %
Market Cap. (M) 215,500.00
Return on Average Assets 9.17 %
Return on Average Equity 18.13 %

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