Riyadh — Mubasher: Saudi Telecom Company (stc) will disburse a total of SAR 2.74 billion in cash dividends to shareholders for the third quarter (Q3) of 2026, according to a bourse filing.
The distribution is based on a per-share payout of SAR 0.55, representing 5.50% of the nominal share value.
stc noted that the dividend payout applies to 4.98 billion eligible shares.
This distribution follows the company’s three-year dividend policy, which was approved during the Ordinary General Assembly meeting (OGM) on 6 November 2024, and commenced in Q4-24.
Eligibility for the dividends is set for 2 November 2026 for shareholders registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.
stc confirmed that the distribution process will begin on 19 November 2026 via Riyad Bank.
The company further noted that 15,512,000 treasury shares allocated for the employee incentive program are excluded from the dividend distribution.
Additionally, cash distributions to non-resident investors will be subject to a 5% withholding tax in accordance with Saudi tax regulations.
In the nine-month (9M) period of 2026, stc generated net profits worth SAR 10.92 billion and revenue of SAR 60.10 billion.
