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Saudi Telecom Company (stc) announces the latest development regarding the date of the additional dividends for the year 2020.

STC 7010 -5.19% 39.25 -2.15
Element List Explanation
Introduction Reference to Saudi Telecom Company -stc- (the company) announcement on Tadawul website dated 25/03/2021 regarding SAR (1) per share additional dividend amounting to SAR 2,000 Million (10% from the Capital) for the year 2020, with eligibility of dividends shall be for the shareholders registered in the register of the Securities Depositary Center (Edaa) at the end of 2nd trading day after the day of the General Assembly Meeting which will be held on 26/04/2021. Consequently, the dividends distribution date will be on 24/05/2021.

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 to the following regulation regarding the payment of dividend: for foreign non-resident investors the dividend paid by the company is subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. For any inquiry, shareholders can contact Investor Relations Department, Investor Affairs Section, Tel. 8001161100 Fax. 0114433530 E-mail [email protected] or to write to the following address: Saudi Telecom Co., Investor Relations Department, Investors affairs Section, P. O. Box 87912 Riyadh 11652.

Previous Announcement Saudi Telecom Company (stc) announces an additional dividends for the year 2020
Date of Previous Announcement on Tadawul's Website 2021-03-25 Corresponding to 1442-08-12
Percentage of fulfilled achievement NA
Event's Expected Completion Date NA
The costs associated with the event, and if they have changed or not with indication of the reasons. NA

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