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2 clusters · 7 sources · 3 days · First seen · Last updated

STC dividend distribution and financial performance

Overview

Saudi telecommunications operator STC announced plans to distribute a provisional dividend of 2,746.2 million Saudi riyals (approximately 634.9 million euros) to shareholders on August 20, 2026. The payment of 0.55 riyals per share follows a three-year shareholder return policy initiated in late 2024.

Financial reports for the first half of 2026 indicated a net profit of 7,319 million riyals, a 2.1% decrease from the 7,472 million riyals earned during the same period in 2025. Despite the dip in profit, the company's revenue grew by 3.8% year-on-year to 40,110 million riyals. CEO Olayan bin Mohammed Alwetaid characterized the results as demonstrating a ‘solid’ financial and operational performance.

Entities

Olayan bin Mohammed Alwetaid · STC · Telefónica

Timeline

  1. 29 days ago

    [BUSINESS] 3 sources
    STC to distribute 635 million euro dividend to shareholders

    Saudi operator STC is distributing a 634.9 million euro dividend following a first-half net profit of 1,692.2 million euros, despite a slight year-on-year decrease in earnings.

  2. about 1 month ago

    [BUSINESS] 4 sources
    STC to distribute 635 million euro dividend

    Saudi operator STC will distribute a 634.9 million euro dividend on August 20, 2026, following a first-half net profit of 7,319 million riyals despite a slight year-on-year decrease.

Sources

capital.es · cincodias.elpais.com · cronicadecantabria.com · diarioestrategia.cl · expansion.com · inversion.es · tripadvisor.fr