Saudi Telecom Company (stc) announces the interim dividends for the 4th quarter of 2023.

Saudi Telecom Company (stc) announces the interim dividends for the 4th quarter of 2023.

19 February 2024 03:48 PM

STC

7010

8.30%

41.75

3.20

Element List

Explanation

Introduction

In accordance with the dividends, distribution policy for three years period starting from the 4th quarter of 2021, which was ratified during the Ordinary General Assembly Meeting on 30-11-2021. In addition to the amendment on the dividends distribution policy, which was ratified by the Extraordinary General Assembly Meeting on 30-8-2022, by distributing an amount of SAR 0.40 per share per quarter. stc will distribute interim dividends to the shareholders for the 4th quarter of 2023.

Date of the board’s decision

2022-06-11 Corresponding to 1443-11-12

The Total amount distributed

SAR 1,993.80 million

Number of Shares Eligible for Dividends

4,984.50 million shares

Dividend per share

SAR 0.40

Percentage of Dividend to the Share Par Value (%)

4 %

Eligibility date

The eligibility of dividends will be for the shareholders at the close of trading on Sunday 25-02-2024 and as per the registered shareholders in stc’s shareholders registry in the Depository Center at the end of the 2nd trading day following the eligibility date.

Distribution Date

Dividend distribution date will be