Alandalus Property Company engages in the commercial real estate investment and development activities in the Kingdom of Saudi Arabia. It constructs, owns, and manages centers, and commercial and residential complexes. The company is also involved in the general contracting of residential and commercial buildings, educational, recreational, health institutions, roads, dams, water and sewage project, electrical, and mechanical works. In addition, it engages in the leasing, maintenance, and operation of real estate properties, buildings, and commercial complexes, as well as ownership, development, and investment of lands and real estate properties. Alandalus Property Company was founded in 2006 and is headquartered in Riyadh, Saudi Arabia.
Alandalus Property Dividend Announcement
• Alandalus Property announced a semi annually dividend of ر.س0.25 per ordinary share which will be made payable on . Ex dividend date: 2024-03-13
• Alandalus Property annual dividend for 2024 was ر.س0.25
• Alandalus Property annual dividend for 2023 was ر.س0.50
• Alandalus Property's trailing twelve-month (TTM) dividend yield is 1.03%
• Alandalus Property's payout ratio for the trailing twelve months (TTM) is -377.27%
• Alandalus Property's dividend growth over the last five years (2018-2023) was -19.73% year
Alandalus Property Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-13 | ر.س0.25 | semi annually | |
2023-08-16 | ر.س0.25 | semi annually | 2023-08-29 |
2023-03-19 | ر.س0.25 | semi annually | 2023-03-28 |
2022-09-19 | ر.س0.25 | semi annually | 2022-09-29 |
2022-03-17 | ر.س0.25 | semi annually | 2022-03-28 |
2021-10-13 | ر.س0.25 | semi annually | 2021-10-24 |
2021-06-02 | ر.س0.38 | semi annually | 2021-06-13 |
2020-05-17 | ر.س0.75 | semi annually | 2020-06-10 |
2019-04-29 | ر.س0.75 | semi annually | 2019-05-09 |
2018-05-28 | ر.س1.50 | semi annually | 2018-06-10 |
Alandalus Property Dividend per year
Alandalus Property Dividend growth
Alandalus Property Dividend Yield
Alandalus Property current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Alandalus Property stock? Use our calculator to estimate your expected dividend yield:
Alandalus Property Financial Ratios
Alandalus Property Dividend FAQ
Other factors to consider when evaluating Alandalus Property 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: Alandalus Property'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, Alandalus Property 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, Alandalus Property 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 Alandalus Property 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: Alandalus Property 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, Alandalus Property distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alandalus Property 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 Alandalus Property'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 Alandalus Property'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.