Saudi Telecom Company (stc) announces the interim dividends for the 2nd quarter of 2025
| Element List | Explanation |
|---|---|
| Introduction | In accordance with the dividends distribution policy for three years period starting from the 4th quarter of 2024, which was ratified during the Ordinary General Assembly meeting on 06-11-2024, by distributing an amount of SAR 0.55 per share per quarter.
stc will distribute interim dividends to the shareholders for the 2nd quarter of 2025. |
| Date of the board’s decision | 2024-08-24 Corresponding to 1446-02-20 |
| The Total amount distributed | SAR 2,744.38 million |
| Number of Shares Eligible for Dividends | 4,989.79 million shares |
| Dividend per share | SAR 0.55 |
| Percentage of Dividend to the Share Par Value (%) | 5.5 |
| Eligibility date | 2025-07-30 Corresponding to 1447-02-05 |
| Distribution Date | 2025-08-19 Corresponding to 1447-02-25 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The total number of Treasury shares not entitled to dividends related to the Employees Stock Incentives Plan stood at 10,206 shares (in thousand) until this date.
The distribution will be through Riyad Bank by direct bank transfer to shareholders bank accounts linked to their portfolios. stc urges its shareholders to update their data and to make sure to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends.
We would like to draw the attention of the non-resident investors to the fact that dividends paid by the company is subject to a withholding tax of 5% upon transfer to the non-resident investors or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.
For stc’s shareholders who did not receive their dividends for previous period, stc Investor Relations application or below link will enable stc’s shareholders to inquire about their uncollected dividends. If the application or the below link shows there is uncollected dividends, the shareholder is required to visit any branch of Riyad Bank for collection:
https://www.stc.com/content/stcgroupwebsite/sa/en/investors/dividents/divident-payment-inquires.html
For any inquiry, shareholders can contact Investor Relations Sector, Shareholders affairs department, Tel. 8001161100, E-mail [email protected] or to write to the following address: Saudi Telecom Co., Investor Relations Sector, Shareholders affairs department, P. O. Box 87912 Riyadh 11652. |
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