Al Hammadi Company For Development and Investment establishes, maintains, manages, and operates hospitals and medical centers in the Kingdom of Saudi Arabia. The company operates through Medical Services and Pharmaceuticals Products segments. It is also involved in the wholesale and retail trading of medical equipment, pharmaceutical and cosmetic products, and food and beverages; and the acquisition and rental of land for constructing buildings. In addition, the company invests in various industrial projects; and establishes, operates, and maintains commercial centers. It operates three hospitals under the Al Hammadi Hospital name in Olaya, Suwaidi, and Al Nuzha districts of Riyadh. The company was founded in 1985 and is based in Riyadh, the Kingdom of Saudi Arabia.
Al Hammadi For Development and Investment Dividend Announcement
• Al Hammadi For Development and Investment announced a quarterly dividend of ر.س0.35 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-18
• Al Hammadi For Development and Investment annual dividend for 2024 was ر.س1.40
• Al Hammadi For Development and Investment annual dividend for 2023 was ر.س1.05
• Al Hammadi For Development and Investment's trailing twelve-month (TTM) dividend yield is 3.41%
• Al Hammadi For Development and Investment's payout ratio for the trailing twelve months (TTM) is 68.86%
Al Hammadi For Development and Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | ر.س0.35 | quarterly | 2024-12-01 |
2024-08-12 | ر.س0.35 | quarterly | 2024-08-21 |
2024-05-27 | ر.س0.35 | quarterly | 2024-06-05 |
2024-03-26 | ر.س0.35 | quarterly | 2024-04-04 |
2023-11-16 | ر.س0.35 | quarterly | 2023-11-26 |
2023-07-03 | ر.س0.35 | quarterly | 2023-07-12 |
2023-03-13 | ر.س0.35 | quarterly | 2023-03-22 |
2022-12-11 | ر.س0.35 | quarterly | 2022-12-19 |
2022-09-19 | ر.س0.30 | quarterly | 2022-09-27 |
2022-06-09 | ر.س0.40 | quarterly | 2022-06-19 |
2022-04-11 | ر.س0.40 | quarterly | 2022-04-19 |
2021-12-12 | ر.س0.60 | quarterly | 2021-12-26 |
2021-05-20 | ر.س0.50 | quarterly | 2021-05-31 |
2017-12-27 | ر.س0.75 | quarterly | 2018-01-02 |
2016-05-29 | ر.س0.75 | quarterly | 2016-08-31 |
Al Hammadi For Development and Investment Dividend per year
Al Hammadi For Development and Investment Dividend growth
Al Hammadi For Development and Investment Dividend Yield
Al Hammadi For Development and Investment current trailing twelve-month (TTM) dividend yield is 3.41%. Interested in purchasing Al Hammadi For Development and Investment stock? Use our calculator to estimate your expected dividend yield:
Al Hammadi For Development and Investment Financial Ratios
Al Hammadi For Development and Investment Dividend FAQ
Other factors to consider when evaluating Al Hammadi For Development and Investment 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 Hammadi For Development and Investment'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 Hammadi For Development and Investment 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 Hammadi For Development and Investment 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 Hammadi For Development and Investment 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 Hammadi For Development and Investment 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 Hammadi For Development and Investment 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 Hammadi For Development and Investment 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 Hammadi For Development and Investment'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 Hammadi For Development and Investment'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.