STC to pay 10% dividend for Q4 2019

22/01/2020 Argaam Exclusive

Saudi Telecom Co.’s (STC) board of directors will distribute a 10% cash dividend to shareholders for the fourth quarter of 2019, at SAR 1 per share, amounting to SAR 2 billion, according to a bourse statement on Wednesday.

 

The telecom provider noted that dividend distribution will be processed to eligible shareholders through Banque Saudi Fransi (BSF) branches.

 

Dividend Details (Q4 2019)

Current Capital

SAR 20 bln

Number of shares

2 bln

Dividend

SAR 2 bln

Percentage of capital

10% (SAR 1 per share)

Record date

2nd day of general assembly’s meeting  

Payment date

To be announced later

Dividend for FY 2019

Total dividend

SAR 8 bln

Percentage of capital

40% (SAR 4/share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
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
26/07/2018 31/07/2018 16/08/2018 2,000.00 0.40
22/04/2018 07/05/2018 28/05/2018 2,000.00 0.40
25/01/2018 26/04/2018 17/05/2018 2,000.00 0.40
26/10/2017 31/10/2017 21/11/2017 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 5.60 29.05 19.28 %
Last 5 Financial years 8.80 26.50 33.21 %
Last 10 Financial years 13.90 17.72 78.44 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

39.90
(0.10) (0.25 %)

Valuation Data (Latest Share Price)

P/E (TTM) 14.77
P/E Before Unusual Items (TTM) 16.47
P/BV 2.52
Dividend Yield 6.42 %
Market Cap. (M) 199,500.00
Return on Average Assets 8.50 %
Return on Average Equity 17.08 %

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