Al-Jouf Agricultural Development Co. engages in production and sale of agricultural products in Saudi Arabia. It offers fruits, including peaches, apricots, nectarines, grapes, and plums; vegetables; and arboretums, onions, potatoes, wheat, bee honey, and olive oils. The company also operates nurseries to produce seedlings of fruits and olive trees. Al-Jouf Agricultural Development Co. was founded in 1988 and is headquartered in Sakakah, Saudi Arabia.
Al-Joufricultural Development Dividend Announcement
• Al-Joufricultural Development announced a quarterly dividend of ر.س0.50 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-01
• Al-Joufricultural Development annual dividend for 2024 was ر.س1.25
• Al-Joufricultural Development annual dividend for 2023 was ر.س0.50
• Al-Joufricultural Development's trailing twelve-month (TTM) dividend yield is 2.08%
• Al-Joufricultural Development's payout ratio for the trailing twelve months (TTM) is 26.28%
• Al-Joufricultural Development's dividend growth over the last five years (2018-2023) was -12.94% year
• Al-Joufricultural Development's dividend growth over the last ten years (2013-2023) was -12.94% year
Al-Joufricultural Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | ر.س0.50 | quarterly | 2024-10-15 |
2024-04-16 | ر.س0.50 | quarterly | 2024-04-30 |
2024-01-16 | ر.س0.25 | quarterly | 2024-01-30 |
2023-03-19 | ر.س0.50 | quarterly | 2023-05-03 |
2022-08-16 | ر.س0.50 | quarterly | 2022-08-25 |
2021-01-28 | ر.س0.25 | quarterly | 2021-02-11 |
2020-08-30 | ر.س0.50 | quarterly | 2020-09-10 |
2020-05-07 | ر.س0.50 | quarterly | 2020-05-21 |
2019-08-05 | ر.س0.50 | quarterly | 2019-08-20 |
2019-04-11 | ر.س1.00 | quarterly | 2019-04-21 |
2018-05-16 | ر.س1.00 | quarterly | 2018-05-31 |
2017-04-23 | ر.س1.00 | quarterly | 2017-05-07 |
2016-04-03 | ر.س1.00 | quarterly | 2016-04-17 |
2016-03-28 | ر.س1.00 | quarterly | |
2015-03-08 | ر.س1.00 | quarterly | 2015-04-08 |
2015-02-26 | ر.س1.00 | quarterly | |
2014-03-24 | ر.س1.00 | quarterly | 2014-04-23 |
2014-03-18 | ر.س1.00 | quarterly | |
2013-03-13 | ر.س2.00 | quarterly | 2013-03-27 |
Al-Joufricultural Development Dividend per year
Al-Joufricultural Development Dividend growth
Al-Joufricultural Development Dividend Yield
Al-Joufricultural Development current trailing twelve-month (TTM) dividend yield is 2.08%. Interested in purchasing Al-Joufricultural Development stock? Use our calculator to estimate your expected dividend yield:
Al-Joufricultural Development Financial Ratios
Al-Joufricultural Development Dividend FAQ
Other factors to consider when evaluating Al-Joufricultural Development 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-Joufricultural Development'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-Joufricultural Development 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-Joufricultural Development 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-Joufricultural Development 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-Joufricultural Development 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-Joufricultural Development 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-Joufricultural Development 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-Joufricultural Development'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-Joufricultural Development'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.