stc shareholders to vote on additional 20% cash dividend for 2024 on May 13

22/04/2025 Argaam Exclusive

stc shareholders will vote on the board’s proposal to pay an additional one-time cash dividend of 20% of capital (SAR 2 per share) for 2024 at an ordinary general meeting (OGM) on May 13.

 

Additional Dividend Details (2024)

Current Capital

SAR 50 bln

Number of Shares*

5 bln

Total Dividend

SAR 9.97 bln

Percentage of Capital

20% (SAR 2 per share)

Record Date

May 13, 2025 (Shareholders registered with the Security Depository Center as of the close of the second trading day after OGM)

Payment Date

June 2, 2025
*Number of eligible shares is 4.98 bln shares 

 

Total Dividends (2024)

Total Dividend

SAR 18.69 bln

Percentage of Capital

37.5% (SAR 3.75 per share)
 

In a statement to Tadawul, stc said the total number of treasury shares that are allocated for the employee stock incentive program and are not eligible for the dividend distribution amounts to 13.08 million shares to date.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
26/02/2025 05/03/2025 24/03/2025 2,742.80 0.55
26/02/2025 13/05/2025 02/06/2025 9,973.82 2.00
04/11/2024 06/11/2024 26/11/2024 1,994.76 0.40
23/07/2024 28/07/2024 15/08/2024 1,994.76 0.40
08/05/2024 21/05/2024 10/06/2024 1,993.80 0.40
19/02/2024 25/02/2024 14/03/2024 1,993.80 0.40
19/02/2024 25/04/2024 15/05/2024 4,984.50 1.00
30/10/2023 05/11/2023 23/11/2023 1,993.80 0.40
30/07/2023 03/08/2023 23/08/2023 1,993.79 0.40
10/05/2023 18/05/2023 07/06/2023 1,992.87 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 7.95 44.56 17.83 %
Last 5 Financial years 11.55 40.32 28.63 %
Last 10 Financial years 20.35 26.50 76.77 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Saudi Telecom Co.
46.15
(0.25) (0.54 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 9.35
P/E Before Unusual Items (TTM) 19.82
P/BV 2.58
Dividend Yield 9.35 %
Market Cap. (M) 230,750.00
Return on Average Assets 15.42 %
Return on Average Equity 29.32 %

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