Aljazira Takaful Taawuni Company provides various insurance products and services in the Kingdom of Saudi Arabia. The company operates in five segments: Medical, Motor, General, Individual Life, and Group Life. The Medical segment offers medical care to the members of organizations and their dependents on a group basis and individuals in a wide network of hospitals and medical centers. The Motor segment offers third-party liability vehicle insurance product, which covers the amounts payable to third parties by the insured; and vehicle comprehensive insurance product, which covers all losses or damages incurred to the vehicle, including third party liability. The General segment offers fire and property, marine, engineering, other liability insurance contracts, and others. The Individual Life segment offers life insurance products, which include unit linked investment-oriented products on an individual basis. The Group Life segment provides life protection programs to the members of organizations on a group basis, as well as credit protection benefits in respect of personal loan given by financing organization. This segment also includes protection benefits in respect of various credit facilities other than personal loans extended by the financing organizations to its customers. The company was incorporated in 2010 is based in Jeddah, the Kingdom of Saudi Arabia.
Aljazira Takaful Taawuni Dividend Announcement
• Aljazira Takaful Taawuni announced a annually dividend of ر.س0.30 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-29
• Aljazira Takaful Taawuni annual dividend for 2024 was ر.س0.30
• Aljazira Takaful Taawuni's trailing twelve-month (TTM) dividend yield is 1.85%
Aljazira Takaful Taawuni Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-29 | ر.س0.30 | annually | 2024-10-10 |
2018-05-21 | ر.س0.70 | annually | 2018-06-07 |
2017-05-18 | ر.س0.50 | annually | 2017-06-01 |
2016-05-30 | ر.س0.50 | annually |
Aljazira Takaful Taawuni Dividend per year
Aljazira Takaful Taawuni Dividend growth
Aljazira Takaful Taawuni Dividend Yield
Aljazira Takaful Taawuni current trailing twelve-month (TTM) dividend yield is 1.85%. Interested in purchasing Aljazira Takaful Taawuni stock? Use our calculator to estimate your expected dividend yield:
Aljazira Takaful Taawuni Financial Ratios
Aljazira Takaful Taawuni Dividend FAQ
Other factors to consider when evaluating Aljazira Takaful Taawuni 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: Aljazira Takaful Taawuni'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, Aljazira Takaful Taawuni 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, Aljazira Takaful Taawuni 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 Aljazira Takaful Taawuni 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: Aljazira Takaful Taawuni 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, Aljazira Takaful Taawuni distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aljazira Takaful Taawuni 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 Aljazira Takaful Taawuni'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 Aljazira Takaful Taawuni'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.