Tadawul: stc goes ex-dividend, SIECO ex-rights today

11/05/2022 Argaam

Tadawul trading screen

Shares of stc have their ex-dividend for the first quarter of 2022, today, May 11.

 

stc's board of directors recommended a 10% cash dividend for the first quarter of 2022, at SAR 1 per share. The payment date is May 31.

 

Meanwhile, Saudi Industrial Export Co. (SIECO) shares will go ex-rights if the extraordinary general meeting (EGM) is held today.

 

The EGM will vote on increasing capital through a SAR 172.8 million rights issue. The capital increase aims to boost the company's solvency and strategic expansion.

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