Air Arabia PJSC, together with its subsidiaries, provides air travel services. It operates through two segments, Airline and Other. The company offers international commercial air transportation, aircraft rental, passengers transport, and cargo services, as well as aviation training, and aircraft repairs and maintenance services. It is also involved in the trading of aircraft and related spare parts. In addition, the company operates travel and tourist agencies, and airline companies' representative office services; manages lease contract; and provides documents transfer services, as well as IT services to aviation industry. Further, it manages and operates restaurants and hotels; flight and retail catering services; and rents hotel apartments. The company provides its services to approximately 170 destinations in the Middle East, North Africa, Asia, and Europe. The company was founded in 2003 and is headquartered in Sharjah, the United Arab Emirates.
Air Arabia Dividend Announcement
• Air Arabia announced a annually dividend of د.إ0.20 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2024-03-22
• Air Arabia annual dividend for 2024 was د.إ0.20
• Air Arabia annual dividend for 2023 was د.إ0.15
• Air Arabia's trailing twelve-month (TTM) dividend yield is 6.54%
• Air Arabia's payout ratio for the trailing twelve months (TTM) is 67.59%
Air Arabia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | د.إ0.20 | annually | 2024-04-25 |
2023-03-23 | د.إ0.15 | annually | 2023-04-01 |
2022-03-18 | د.إ0.09 | annually | 2022-04-08 |
2020-03-19 | د.إ0.09 | annually | 2020-05-01 |
2018-03-22 | د.إ0.10 | annually | 2018-04-01 |
2017-03-14 | د.إ0.07 | annually | 2017-04-02 |
2016-03-22 | د.إ0.09 | annually | |
2015-03-18 | د.إ0.09 | annually | |
2014-03-25 | د.إ0.07 | annually | |
2013-03-26 | د.إ0.07 | annually | |
2012-04-18 | د.إ0.06 | annually | |
2011-03-30 | د.إ0.08 | annually |
Air Arabia Dividend per year
Air Arabia Dividend growth
Air Arabia Dividend Yield
Air Arabia current trailing twelve-month (TTM) dividend yield is 6.54%. Interested in purchasing Air Arabia stock? Use our calculator to estimate your expected dividend yield:
Air Arabia Financial Ratios
Air Arabia Dividend FAQ
Other factors to consider when evaluating Air Arabia 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.
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1. Determination of Dividend: Air Arabia'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, Air Arabia 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, Air Arabia 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 Air Arabia 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: Air Arabia 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, Air Arabia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Air Arabia 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 Air Arabia'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 Air Arabia'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.