The Saudi operator STC, one of Telefónica’s principal shareholders, will distribute this Thursday, November 19, a total dividend of 2,741.5 million Saudi riyals (661.5 million euros) among its investors.
In these days, the company will make effective an interim dividend of 0.55 riyals per share (about 0.13 euros), corresponding to the third quarter of 2026.
This payout is part of its three-year remuneration plan, launched in the last quarter of 2024.
The Saudi telecommunications operator STC obtained an attributable net profit of 10,918 million Saudi riyals (2,634.5 million euros) in the first nine months of this financial year, 5.7% less than the 11,579 million (2,794 million euros) recorded in the same period of 2025.
STC billed 60,096 million riyals (14,501 million euros) in the first three quarters of 2026, 3.7% above the 57,924 million (13,976.9 million euros) received between January and September of the previous year.
This financial performance has been driven above all by the expansion of its telecommunications business in Saudi Arabia and by the sustained progress of all of its subsidiaries.
On the other hand, the company’s gross operating result (Ebitda) reached until September 19,150 million riyals (4,620.8 million euros), which implies an increase of 3.5% compared with the 18,497 million (4,463.3 million euros) accumulated at the close of the same period of 2025.
STC Group CEO Olayan Mohammed Alwetaid highlighted the strength of the results achieved during this period.
Likewise, he said that the company has continued to execute its strategy focused on strengthening its core telecommunications and digital activities, as well as moving into areas with growth potential in order to generate value for shareholders.