company-logo

Aldrees Petroleum and Transport Services Company engages in the wholesale and retail of fuel, gasoline, and oil in the Kingdom of Saudi Arabia. The company operates through Petroleum Services and Transport Services segments. It operates approximately 640 fuel stations. The company also provides various services related to additives, car wash, tire servicing, alignment, accessories, food, mosque, ATMs, car rental, etc. at its fuel stations. In addition, it offers transport and logistics services through a fleet of approximately 2,699 trucks and trailers. Aldrees Petroleum and Transport Services Company was founded in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Aldrees Petroleum and Transport Services Dividend Announcement

Aldrees Petroleum and Transport Services announced a annually dividend of ر.س0.75 per ordinary share which will be made payable on 2024-05-20. Ex dividend date: 2024-05-06
Aldrees Petroleum and Transport Services annual dividend for 2024 was ر.س0.75
Aldrees Petroleum and Transport Services annual dividend for 2023 was ر.س2.00
Aldrees Petroleum and Transport Services's trailing twelve-month (TTM) dividend yield is 0.61%
Aldrees Petroleum and Transport Services's payout ratio for the trailing twelve months (TTM) is 23.66%
Aldrees Petroleum and Transport Services's dividend growth over the last five years (2018-2023) was 8.45% year
Aldrees Petroleum and Transport Services's dividend growth over the last ten years (2013-2023) was -2.84% year

Aldrees Petroleum and Transport Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-06ر.س0.75annually2024-05-20
2023-05-02ر.س2.00annually2023-05-15
2022-03-01ر.س1.50annually2022-03-14
2021-04-15ر.س1.00annually2021-04-28
2020-04-29ر.س2.00annually2020-05-12
2019-03-19ر.س1.60annually2019-03-19
2018-03-06ر.س1.33annually2018-03-06
2017-03-13ر.س1.33annually2017-03-22
2016-03-03ر.س2.67annually
2015-03-09ر.س2.67annually
2014-03-06ر.س2.67annually
2013-03-03ر.س2.67annually

Aldrees Petroleum and Transport Services Dividend per year

Aldrees Petroleum and Transport Services Dividend growth

Aldrees Petroleum and Transport Services Dividend Yield

Aldrees Petroleum and Transport Services current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Aldrees Petroleum and Transport Services stock? Use our calculator to estimate your expected dividend yield:

Aldrees Petroleum and Transport Services Financial Ratios

P/E ratio39.00
PEG ratio1.88
P/B ratio8.89
ROE24.22%
Payout ratio23.66%
Current ratio0.59
Quick ratio0.48
Cash Ratio0.08

Aldrees Petroleum and Transport Services Dividend FAQ

How much is the next Aldrees Petroleum and Transport Services dividend?
Aldrees Petroleum and Transport Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Aldrees Petroleum and Transport Services dividend. The next Aldrees Petroleum and Transport Services dividend will be released in May.
When is Aldrees Petroleum and Transport Services dividend paid?
Aldrees Petroleum and Transport Services pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Aldrees Petroleum and Transport Services pay?
The specific amount of Aldrees Petroleum and Transport Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Aldrees Petroleum and Transport Services's dividend history.
Does Aldrees Petroleum and Transport Services stock pay dividends?
Yes, Aldrees Petroleum and Transport Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Aldrees Petroleum and Transport Services's dividend history.
How much dividend does Aldrees Petroleum and Transport Services pay?
Aldrees Petroleum and Transport Services paid ر.س0.75 in 2024, ر.س2.0 in 2023, ر.س1.5 in 2022, ر.س1.0 in 2021, and ر.س2.0 in 2020.
How often does Aldrees Petroleum and Transport Services pay dividends?
Aldrees Petroleum and Transport Services typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Aldrees Petroleum and Transport Services's dividend yield?
The current dividend yield for Aldrees Petroleum and Transport Services is 0.61%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Aldrees Petroleum and Transport Services's exact dividend yield.
When does Aldrees Petroleum and Transport Services go ex dividend?
Aldrees Petroleum and Transport Services's ex-dividend date for the latest dividend was on 2024-05-06. Aldrees Petroleum and Transport Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Aldrees Petroleum and Transport Services dividend paid?
Aldrees Petroleum and Transport Services pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Aldrees Petroleum and Transport Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Aldrees Petroleum and Transport Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Aldrees Petroleum and Transport Services dividend per share?
Aldrees Petroleum and Transport Services paid ر.س0.75 per share in 2024 and ر.س2.0 per share in 2023. The amount of dividend per share that Aldrees Petroleum and Transport Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Aldrees Petroleum and Transport Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Aldrees Petroleum and Transport Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Aldrees Petroleum and Transport Services a dividend stock?
Yes, Aldrees Petroleum and Transport Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Aldrees Petroleum and Transport Services a good dividend stock?
Whether Aldrees Petroleum and Transport Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Aldrees Petroleum and Transport Services has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Aldrees Petroleum and Transport Services 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.
Does Aldrees Petroleum and Transport Services pay dividends monthly?
Aldrees Petroleum and Transport Services typically pays dividends on a annually basis.
Does Aldrees Petroleum and Transport Services pay dividends quarterly?
Aldrees Petroleum and Transport Services currently pays dividends on a annually basis.
Has Aldrees Petroleum and Transport Services ever paid a dividend?
Yes, Aldrees Petroleum and Transport Services has a history of paying dividends to its shareholders. Aldrees Petroleum and Transport Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Aldrees Petroleum and Transport Services dividend stocks?
To buy Aldrees Petroleum and Transport Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Aldrees Petroleum and Transport Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Aldrees Petroleum and Transport Services pay dividends 2024?
Aldrees Petroleum and Transport Services pays dividends on a annually basis. 2024 dividend payments are in 2024-05-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Aldrees Petroleum and Transport Services increase its dividend in 2024?
Decisions regarding Aldrees Petroleum and Transport Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Aldrees Petroleum and Transport Services dividend overview you can look into the above table of dividend history.
How Aldrees Petroleum and Transport Services dividend works?
The Aldrees Petroleum and Transport Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Aldrees Petroleum and Transport Services's dividend process works:

1. Determination of Dividend: Aldrees Petroleum and Transport Services'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, Aldrees Petroleum and Transport Services 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, Aldrees Petroleum and Transport Services 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 Aldrees Petroleum and Transport Services 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.
How are Aldrees Petroleum and Transport Services dividends paid?
Aldrees Petroleum and Transport Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Aldrees Petroleum and Transport Services 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, Aldrees Petroleum and Transport Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Aldrees Petroleum and Transport Services 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.
How many times does Aldrees Petroleum and Transport Services pay dividends?
Aldrees Petroleum and Transport Services typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Aldrees Petroleum and Transport Services pay dividends?
The general pattern is that Aldrees Petroleum and Transport Services pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Aldrees Petroleum and Transport Services dividend safe?
The safety of Aldrees Petroleum and Transport Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Aldrees Petroleum and Transport Services'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 Aldrees Petroleum and Transport Services'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.