Al Meera Consumer Goods Company Q.P.S.C., together with its subsidiaries, engages in the wholesale and retail trade of various types of consumer goods commodities in Qatar and the Sultanate of Oman. It operates through three segments: Retail, Investment, and Leasing. The company sells foodstuff, household items and garments, stationery, computer accessories, books, and toys; owns and manages consumer outlets; holds equity and funds in the form of financial assets; and rents shops in various malls. It also establishes and operates shopping centers, hypermarkets, supermarkets, and convenience stores; offers warehousing and delivery truck services; and manufactures and sells bakery products. As of June 29, 2022, the company operated 61 stores in State of Qatar and 6 stores in the Sultanate of Oman. Al Meera Consumer Goods Company Q.P.S.C. was founded in 2005 and is based in Doha, Qatar.
Al Meera Consumer Goods Dividend Announcement
• Al Meera Consumer Goods announced a annually dividend of ر.ق0.85 per ordinary share which will be made payable on 2024-05-01. Ex dividend date: 2024-04-29
• Al Meera Consumer Goods annual dividend for 2024 was ر.ق0.85
• Al Meera Consumer Goods annual dividend for 2023 was ر.ق0.46
• Al Meera Consumer Goods's trailing twelve-month (TTM) dividend yield is 5.85%
• Al Meera Consumer Goods's payout ratio for the trailing twelve months (TTM) is 97.89%
• Al Meera Consumer Goods's dividend growth over the last five years (2018-2023) was -65.59% year
• Al Meera Consumer Goods's dividend growth over the last ten years (2013-2023) was -24.79% year
Al Meera Consumer Goods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | ر.ق0.85 | annually | 2024-05-01 |
2023-04-10 | ر.ق0.46 | annually | 2023-05-01 |
2022-03-14 | ر.ق0.90 | annually | 2022-04-01 |
2021-03-29 | ر.ق0.90 | annually | 2021-04-01 |
2020-03-18 | ر.ق0.85 | annually | 2020-03-19 |
2020-03-11 | ر.ق0.88 | annually | |
2019-03-18 | ر.ق8.50 | annually | 2019-03-19 |
2018-03-28 | ر.ق8.50 | annually | 2018-03-29 |
2018-03-20 | ر.ق87.55 | annually | |
2017-03-20 | ر.ق9.00 | annually | 2017-05-01 |
2016-03-29 | ر.ق9.00 | annually | |
2015-04-01 | ر.ق9.00 | annually | |
2014-03-27 | ر.ق8.00 | annually | |
2013-03-12 | ر.ق8.00 | annually |
Al Meera Consumer Goods Dividend per year
Al Meera Consumer Goods Dividend growth
Al Meera Consumer Goods Dividend Yield
Al Meera Consumer Goods current trailing twelve-month (TTM) dividend yield is 5.85%. Interested in purchasing Al Meera Consumer Goods stock? Use our calculator to estimate your expected dividend yield:
Al Meera Consumer Goods Financial Ratios
Al Meera Consumer Goods Dividend FAQ
Other factors to consider when evaluating Al Meera Consumer Goods 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 Meera Consumer Goods'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 Meera Consumer Goods 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 Meera Consumer Goods 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 Meera Consumer Goods 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 Meera Consumer Goods 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 Meera Consumer Goods 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 Meera Consumer Goods 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 Meera Consumer Goods'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 Meera Consumer Goods'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.