STC intends to give a 25 percent dividend to its stockholders this year.


It has been announced that the Salt Trading Corporation (STC) will hold its 54th general meeting (AGM) on November 2. The planned resolution to pay a 25 percent dividend to shareholders is expected to be approved at the company’s annual general meeting.

The state-owned firm has a 20 percent bonus share and a five percent cash dividend from its revenues the 2019/20, of which would be tax-deductible. Attempts have been made to get the proposal passed at the upcoming AGM.

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