ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Saudi Telecom Company (STC) will pay a dividend for the fourth quarter of 2025 despite reporting a 40 percent drop in annual net profit. The telco will pay a dividendSaudi Telecom Company (STC) will pay a dividend for the fourth quarter of 2025 despite reporting a 40 percent drop in annual net profit. The telco will pay a dividend

STC continues with dividend payout despite profit drop

Author: Agbi

Source: Agbi

2026/02/18 13:23

2 min read

Saudi Telecom Company (STC) will pay a dividend for the fourth quarter of 2025 despite reporting a 40 percent drop in annual net profit.

The telco will pay a dividend of SAR2.7 billion, or 5.5 percent of capital, for the quarter ended December 2025, bringing the total yearly payout to almost SAR11 billion.

The number of shares eligible for dividends stands at 4.9 billion, the company said in a statement to the Saudi stock exchange.

In August 2024, STC announced its new three-year dividend policy, committing a payout of SAR0.55 ($0.15) per share every quarter, starting in Q4 2024 and running until Q3 2027.

Net earnings fell to SAR15 billion last year, down from SAR25 billion in 2024, due to the impact of a one-off gain of SAR14 billion from discontinued operations resulting from stake sales in two subsidiaries to the Public Investment Fund.

In April 2024, the sovereign wealth fund agreed to acquire STC’s 51 percent stake in Telecommunication Towers Co (Tawal) and Digital Infrastructure for Investment Company for SAR 8.7 billion ($2.32 billion).

Fourth-quarter net earnings fell 76 percent year on year to SAR 3.25 billion while revenue rose more than 2 percent to SAR19.4 billion.

PIF owns 62 percent of STC. Shares of the telco, which trade on the Saudi Exchange (Tadawul), closed at SAR44.80 on Tuesday, up 4.2 percent so far this year.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.