Al-Babtain Power and Telecommunication Co. provides solutions for power and telecommunications infrastructure in Saudi Arabia and internationally. The company offers outdoor lighting products, including functional, decorative, flag, mid hinged, and traffic poles; and high masts, HID and LED street lighting, and flood and obstruction lighting products. It also manufactures transmission and distribution towers, and poles for electric utilities. In addition, the company offers broadcasting towers, guyed masts, telecommunication monopoles, self-support triangular and square towers, rapid deployment vehicles, camouflage classic tubes and monopoles, rapid deployment vehicles, and penetrating and non-penetrating rooftops. Further, it offers CSP support steel structures, PV fix structures, PV solar tracker components, and solar carports. Additionally, it engages in the installation, maintenance, and repair of wind energy networks and generating electrical energy and communication systems; and manufacturing of galvanizing poles and towers. Al-Babtain Power and Telecommunication Co. was founded in 1955 and is based in Riyadh, Saudi Arabia.
Al-Babtain Power and Telecommunication Dividend Announcement
• Al-Babtain Power and Telecommunication announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-02
• Al-Babtain Power and Telecommunication annual dividend for 2024 was ر.س1.00
• Al-Babtain Power and Telecommunication annual dividend for 2023 was ر.س0.75
• Al-Babtain Power and Telecommunication's trailing twelve-month (TTM) dividend yield is 2.33%
• Al-Babtain Power and Telecommunication's payout ratio for the trailing twelve months (TTM) is 28.61%
• Al-Babtain Power and Telecommunication's dividend growth over the last five years (2018-2023) was -12.94% year
• Al-Babtain Power and Telecommunication's dividend growth over the last ten years (2013-2023) was -10.40% year
Al-Babtain Power and Telecommunication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-02 | ر.س1.00 | annually | 2024-06-26 |
2023-06-04 | ر.س0.75 | annually | 2023-06-19 |
2022-05-09 | ر.س0.75 | annually | 2022-05-25 |
2021-01-24 | ر.س1.50 | annually | 2021-02-09 |
2020-03-10 | ر.س0.75 | annually | 2020-03-26 |
2019-11-21 | ر.س0.75 | annually | 2019-12-02 |
2019-04-11 | ر.س0.75 | annually | 2019-04-25 |
2018-11-22 | ر.س0.75 | annually | 2018-12-10 |
2018-04-11 | ر.س0.75 | annually | 2018-04-29 |
2017-12-10 | ر.س0.75 | annually | 2017-12-26 |
2017-08-21 | ر.س1.50 | annually | 2017-09-10 |
2017-03-19 | ر.س1.50 | annually | 2017-04-10 |
2016-12-05 | ر.س1.50 | annually | |
2015-11-16 | ر.س3.00 | annually | |
2014-12-10 | ر.س1.50 | annually | |
2013-11-04 | ر.س2.25 | annually |
Al-Babtain Power and Telecommunication Dividend per year
Al-Babtain Power and Telecommunication Dividend growth
Al-Babtain Power and Telecommunication Dividend Yield
Al-Babtain Power and Telecommunication current trailing twelve-month (TTM) dividend yield is 2.33%. Interested in purchasing Al-Babtain Power and Telecommunication stock? Use our calculator to estimate your expected dividend yield:
Al-Babtain Power and Telecommunication Financial Ratios
Al-Babtain Power and Telecommunication Dividend FAQ
Other factors to consider when evaluating Al-Babtain Power and Telecommunication 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: Al-Babtain Power and Telecommunication'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, Al-Babtain Power and Telecommunication 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, Al-Babtain Power and Telecommunication 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 Al-Babtain Power and Telecommunication 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: Al-Babtain Power and Telecommunication 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, Al-Babtain Power and Telecommunication distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Al-Babtain Power and Telecommunication 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 Al-Babtain Power and Telecommunication'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 Al-Babtain Power and Telecommunication'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.