Advanced Petrochemical Company, together with its subsidiaries, engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally. The company provides photovoltaic cells and photovoltaic; homopolymers; high crystalline polypropylene resins; random copolymers; and block copolymers. It is also involved in establishing, operating, and investing in industrial projects, including petrochemical, chemical, and basic and conversion industries, as well as industries relating to renewable energy. The company's products are used to manufacture personal care products, fresh food packaging, lightweight plastics, construction materials, automotive components, durable textiles, and other products, as well as for use in medical applications. Advanced Petrochemical Company was incorporated in 2005 and is headquartered in Dammam, the Kingdom of Saudi Arabia.
Advanced Petrochemical Dividend Announcement
• Advanced Petrochemical announced a quarterly dividend of ر.س0.55 per ordinary share which will be made payable on 2023-05-28. Ex dividend date: 2023-05-21
• Advanced Petrochemical annual dividend for 2023 was ر.س0.55
• Advanced Petrochemical's trailing twelve-month (TTM) dividend yield is -%
• Advanced Petrochemical's payout ratio for the trailing twelve months (TTM) is 0.03%
• Advanced Petrochemical's dividend growth over the last five years (2018-2023) was -26.76% year
• Advanced Petrochemical's dividend growth over the last ten years (2013-2023) was -9.64% year
Advanced Petrochemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-05-21 | ر.س0.55 | quarterly | 2023-05-28 |
2022-12-11 | ر.س0.55 | quarterly | 2022-12-18 |
2022-09-11 | ر.س0.55 | quarterly | 2022-09-18 |
2022-05-15 | ر.س0.55 | quarterly | 2022-05-22 |
2022-02-13 | ر.س0.65 | quarterly | 2022-02-20 |
2021-11-14 | ر.س0.65 | quarterly | 2021-11-25 |
2021-08-22 | ر.س0.65 | quarterly | 2021-08-30 |
2021-05-23 | ر.س0.65 | quarterly | 2021-05-31 |
2021-03-31 | ر.س0.65 | quarterly | 2021-04-20 |
2020-10-21 | ر.س0.65 | quarterly | 2020-11-09 |
2020-07-01 | ر.س0.65 | quarterly | 2020-07-23 |
2020-04-26 | ر.س0.65 | quarterly | 2020-05-14 |
2020-04-01 | ر.س0.65 | quarterly | 2020-04-20 |
2019-10-20 | ر.س0.65 | quarterly | 2019-11-06 |
2019-07-01 | ر.س0.64 | quarterly | 2019-07-18 |
2019-04-01 | ر.س0.64 | quarterly | 2019-04-01 |
2019-03-20 | ر.س0.64 | quarterly | 2019-04-08 |
2018-10-01 | ر.س0.64 | quarterly | 2018-10-18 |
2018-07-01 | ر.س0.70 | quarterly | 2018-07-19 |
2018-04-01 | ر.س0.64 | quarterly | 2018-04-19 |
2018-03-19 | ر.س0.64 | quarterly | 2018-04-04 |
2017-10-12 | ر.س0.64 | quarterly | 2017-10-26 |
2017-07-02 | ر.س0.64 | quarterly | 2017-07-20 |
2017-04-02 | ر.س0.64 | quarterly | 2017-04-20 |
2017-03-08 | ر.س0.64 | quarterly | 2017-03-23 |
2016-10-13 | ر.س0.59 | quarterly | |
2016-07-10 | ر.س0.75 | quarterly | |
2016-07-03 | ر.س0.75 | quarterly | |
2016-04-03 | ر.س0.57 | quarterly | |
2016-03-02 | ر.س0.57 | quarterly | |
2015-10-01 | ر.س0.57 | quarterly | |
2015-07-01 | ر.س0.57 | quarterly | |
2015-04-01 | ر.س0.57 | quarterly | |
2015-03-18 | ر.س0.57 | quarterly | |
2014-10-01 | ر.س0.19 | quarterly | |
2014-07-01 | ر.س0.95 | quarterly | |
2014-02-26 | ر.س0.95 | quarterly | |
2013-07-01 | ر.س0.76 | quarterly | |
2013-02-27 | ر.س0.76 | quarterly | |
2012-07-01 | ر.س0.76 | quarterly |
Advanced Petrochemical Dividend per year
Advanced Petrochemical Dividend growth
Advanced Petrochemical Dividend Yield
Advanced Petrochemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Advanced Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Advanced Petrochemical Financial Ratios
Advanced Petrochemical Dividend FAQ
Other factors to consider when evaluating Advanced Petrochemical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Advanced Petrochemical stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Advanced Petrochemical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Advanced Petrochemical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Advanced Petrochemical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Advanced Petrochemical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Advanced Petrochemical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Advanced Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Advanced Petrochemical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Advanced Petrochemical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Advanced Petrochemical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.