stc plans 10% dividend for Q2 2021

02/08/2021 Argaam Exclusive

stc board of directors recommended a 10% cash dividend for the second quarter of 2021, at SAR 1 per share, amounting to SAR 2 billion, it said in a bourse statement.

Dividend Details (Q2 2021)

Current Capital

SAR 20 bln

Number of Shares

2 bln

Dividend

SAR 2 bln

Percentage of Capital

10% (SAR 1 per share)

Record Date

Aug. 5, 2021 (Shareholders registered in the company’s register at Edaa on the second trading day after the record date)

Payment Date

Aug. 26, 2021

 

Dividends (H1 2021)

Total Dividend

SAR 4 bln

Percentage of Capital

20% (SAR 2 per share)

 

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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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