Al-Dawaa Medical Services Company operates as a pharmaceutical retail company in the Kingdom of Saudi Arabia. The company operates through Retail and Wholesale segments. It offers medicines, perfumes, beauty tools and products, cosmetics, and other pharmaceutical products. The company is also involved in pharmacy activities, pharmaceutical warehouse activities, retailing of medical equipment, land transport of goods, managing and renting self-storage stores, and provision of marketing services on behalf of third parties, as well as acting as a pharmaceutical agent. It operates through a network of 837 pharmacies. In addition, the company sells its pharmaceutical products through online and wholesale channels. Al-Dawaa Medical Services Company was founded in 1991 and is based in Al Khobar, the Kingdom of Saudi Arabia.
Al-Dawaa Medical Services Dividend Announcement
• Al-Dawaa Medical Services announced a quarterly dividend of ر.س0.63 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-11 • Al-Dawaa Medical Services annual dividend for 2024 was ر.س2.50 • Al-Dawaa Medical Services annual dividend for 2023 was ر.س5.00 • Al-Dawaa Medical Services's trailing twelve-month (TTM) dividend yield is 3.15% • Al-Dawaa Medical Services's payout ratio for the trailing twelve months (TTM) is 44.54%
Al-Dawaa Medical Services current trailing twelve-month (TTM) dividend yield is 3.15%. Interested in purchasing Al-Dawaa Medical Services stock? Use our calculator to estimate your expected dividend yield:
Al-Dawaa Medical Services Financial Ratios
P/E ratio18.87
PEG ratio-0.90
P/B ratio4.78
ROE26.55%
Payout ratio44.54%
Current ratio1.15
Quick ratio0.40
Cash Ratio0.02
Al-Dawaa Medical Services Dividend FAQ
How much is the next Al-Dawaa Medical Services dividend?
Al-Dawaa Medical Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Al-Dawaa Medical Services dividend. The next Al-Dawaa Medical Services dividend will be released in April, April, April, or September.
When is Al-Dawaa Medical Services dividend paid?
Al-Dawaa Medical Services pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, April, April, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Al-Dawaa Medical Services pay?
The specific amount of Al-Dawaa Medical Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Al-Dawaa Medical Services's dividend history.
Does Al-Dawaa Medical Services stock pay dividends?
Yes, Al-Dawaa Medical Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Al-Dawaa Medical Services's dividend history.
How much dividend does Al-Dawaa Medical Services pay?
Al-Dawaa Medical Services paid ر.س2.505 in 2024, ر.س5.0 in 2023, ر.س1.25 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Al-Dawaa Medical Services pay dividends?
Al-Dawaa Medical Services typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, April, April, and September.
What is Al-Dawaa Medical Services's dividend yield?
The current dividend yield for Al-Dawaa Medical Services is 3.15%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Al-Dawaa Medical Services's exact dividend yield.
When does Al-Dawaa Medical Services go ex dividend?
Al-Dawaa Medical Services's ex-dividend date for the latest dividend was on 2024-11-11. Al-Dawaa Medical Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Al-Dawaa Medical Services dividend paid?
Al-Dawaa Medical Services pays dividends on a quarterly basis, typically around April, April, April, or September, but the exact dates can vary each year.
Will Al-Dawaa Medical Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Al-Dawaa Medical Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Al-Dawaa Medical Services dividend per share?
Al-Dawaa Medical Services paid ر.س2.505 per share in 2024 and ر.س5.0 per share in 2023. The amount of dividend per share that Al-Dawaa Medical Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Al-Dawaa Medical Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Al-Dawaa Medical Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Al-Dawaa Medical Services a dividend stock?
Yes, Al-Dawaa Medical Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Al-Dawaa Medical Services a good dividend stock?
Whether Al-Dawaa Medical Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Al-Dawaa Medical Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Al-Dawaa Medical Services 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.
Does Al-Dawaa Medical Services pay dividends monthly?
Al-Dawaa Medical Services typically pays dividends on a quarterly basis.
Does Al-Dawaa Medical Services pay dividends quarterly?
Al-Dawaa Medical Services currently pays dividends on a quarterly basis.
Has Al-Dawaa Medical Services ever paid a dividend?
Yes, Al-Dawaa Medical Services has a history of paying dividends to its shareholders. Al-Dawaa Medical Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Al-Dawaa Medical Services dividend stocks?
To buy Al-Dawaa Medical Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Al-Dawaa Medical Services 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.
When does Al-Dawaa Medical Services pay dividends 2024?
Al-Dawaa Medical Services pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Al-Dawaa Medical Services increase its dividend in 2024?
Decisions regarding Al-Dawaa Medical Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Al-Dawaa Medical Services dividend overview you can look into the above table of dividend history.
How Al-Dawaa Medical Services dividend works?
The Al-Dawaa Medical Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Al-Dawaa Medical Services's dividend process works:
1. Determination of Dividend: Al-Dawaa Medical Services'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-Dawaa Medical Services 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-Dawaa Medical Services 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-Dawaa Medical Services 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.
How are Al-Dawaa Medical Services dividends paid?
Al-Dawaa Medical Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Al-Dawaa Medical Services 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-Dawaa Medical Services 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-Dawaa Medical Services 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.
How many times does Al-Dawaa Medical Services pay dividends?
Al-Dawaa Medical Services typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Al-Dawaa Medical Services pay dividends?
The general pattern is that Al-Dawaa Medical Services pays dividends around April, April, April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Al-Dawaa Medical Services dividend safe?
The safety of Al-Dawaa Medical Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Al-Dawaa Medical Services'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-Dawaa Medical Services'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.