# STC dividend distribution and financial performance

> Live situation record from CLSTR: https://clstr.news/situations/stc-dividend-distribution-and-financial-performance
> Updated: 2026-08-19T07:01:03.000Z. Sources: 7. Developments: 2.

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.

## Timeline

### 2026-08-19: 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.

3 sources. https://clstr.news/cluster/stc-to-distribute-635-million-euro-dividend-to-shareholders

### 2026-08-16: 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.

4 sources. https://clstr.news/cluster/stc-to-distribute-635-million-euro-dividend

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Cite as: STC dividend distribution and financial performance. CLSTR, https://clstr.news/situations/stc-dividend-distribution-and-financial-performance