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STC board proposes SAR 1/shr dividend for Q3

STC board proposes SAR 1/shr dividend for Q3
STC
7010
0.72% 44.72 0.32
The board of Saudi Telecom Co. (STC) recommended cash dividend for Q3 at 10% of the stock par value, or SAR 1 per share, totaling SAR 2000 million.
Shareholders of record until the close of trading on Nov. 4, 2014 are eligible for this dividend.
The payment will start on Nov. 20, via Banque Saudi Fransi branches.