‎stc shareholders to vote on 10% additional cash dividend for 2023 on April 25

‎stc shareholders to vote on 10% additional cash dividend for 2023 on April 25

04/04/2024
Argaam Exclusive

stc shareholders will vote on the payment of a 10% additional cash dividend for 2023 during the ordinary general meeting that will be held on April 25. 

Details of Additional Cash Dividend

Current Capital

SAR 50 bln

No. of Shares

5 bln

Total Dividend*

SAR 4.98 bln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Shareholders of record on the second trading day following the general meeting date

Payment Date

May 15, 2024

*The number of eligible shares reaches 4.98 bln

Total Dividends for 2023

Total Dividends

 SAR 12.95 bln

Percentage of Capital

26% (SAR 2.6 a share)

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

5.80

42.40

13.67 %

Last 5 Financial years

9.40

36.60

25.67 %

Last 10 Financial years

18.00

22.20

81.06 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 14.65
P/E Before Unusual Items (TTM)

17.48

P/BV 2.47
Dividend Yield 6.42 %
Market Cap. (M)

194,750.00

Return on Average Assets 8.96 %
Return on Average Equity 17.44 %

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