Al Khaleej Takaful Insurance Company Q.P.S.C. engages in the insurance, reinsurance, and takaful insurance businesses in Qatar. The company offers comprehensive and third party motor insurance products; and property insurance products, such as fire and special perils, property all risks, business interruption, terrorism, and jewelers block insurance. It also provides engineering insurance products, including contractor's all risk, erection all risk, equipment, machinery breakdown, deterioration of stock in cold storage, and electronic equipment insurance; and workmen's compensation, personal accident, fidelity guarantee, and money insurance. In addition, the company offers public liability/third party liability, product liability, event liability, directors and officers liability and company reimbursement, professional indemnity, medical malpractice, bankers blanket bond, and cyber liability insurance products. Further, it provides freight forwarders liability, marine hull, and aviation insurance; and medical, group life, and travel insurance products. Additionally, the company is involved in the investment business. Al Khaleej Takaful Insurance Company Q.P.S.C. was incorporated in 1978 and is based in Doha, Qatar.
Al Khaleej Takaful Insurance Dividend Announcement
• Al Khaleej Takaful Insurance announced a semi annually dividend of ر.ق0.12 per ordinary share which will be made payable on . Ex dividend date: 2024-03-18
• Al Khaleej Takaful Insurance annual dividend for 2024 was ر.ق0.24
• Al Khaleej Takaful Insurance annual dividend for 2023 was ر.ق0.10
• Al Khaleej Takaful Insurance's trailing twelve-month (TTM) dividend yield is 10.55%
• Al Khaleej Takaful Insurance's payout ratio for the trailing twelve months (TTM) is 45.36%
• Al Khaleej Takaful Insurance's dividend growth over the last five years (2018-2023) was -27.52% year
Al Khaleej Takaful Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-18 | ر.ق0.12 | semi annually | |
2024-03-11 | ر.ق0.12 | semi annually | |
2023-03-16 | ر.ق0.10 | semi annually | 2023-04-01 |
2022-03-23 | ر.ق0.07 | semi annually | 2022-04-01 |
2021-03-29 | ر.ق0.05 | semi annually | 2021-04-05 |
2020-04-06 | ر.ق0.05 | semi annually | 2020-04-12 |
2019-04-25 | ر.ق5.00 | semi annually | |
2019-04-18 | ر.ق0.50 | semi annually | 2019-04-18 |
2018-03-14 | ر.ق0.50 | semi annually | |
2017-04-06 | ر.ق0.60 | semi annually | 2017-05-01 |
2016-03-22 | ر.ق1.00 | semi annually | |
2015-03-11 | ر.ق1.50 | semi annually | |
2013-03-13 | ر.ق1.00 | semi annually | |
2012-03-27 | ر.ق3.00 | semi annually |
Al Khaleej Takaful Insurance Dividend per year
Al Khaleej Takaful Insurance Dividend growth
Al Khaleej Takaful Insurance Dividend Yield
Al Khaleej Takaful Insurance current trailing twelve-month (TTM) dividend yield is 10.55%. Interested in purchasing Al Khaleej Takaful Insurance stock? Use our calculator to estimate your expected dividend yield:
Al Khaleej Takaful Insurance Financial Ratios
Al Khaleej Takaful Insurance Dividend FAQ
Other factors to consider when evaluating Al Khaleej Takaful Insurance 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 Khaleej Takaful Insurance'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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance 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 Khaleej Takaful Insurance'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 Khaleej Takaful Insurance'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.