Almarai Company, together with its subsidiaries, operates as an integrated consumer food and beverage company in Saudi Arabia, Egypt, Jordan, and other Gulf Cooperation Council countries. It operates through Dairy and Juice, Bakery, Poultry, and Other Activities segments. The company offers dairy, fruit juice, and related food products under the Almarai, Joosy Life, Beyti, and Teeba brand names; bakery products under the L'usine and 7 Days brand names; and poultry products under the Alyoum and AlBashayer brand names. It also owns and operates arable farms; provides horticulture services; and manufactures infant nutrition products under the Nuralac and Evolac brand names. The company was founded in 1977 and is headquartered in Riyadh, Saudi Arabia.
Almarai Dividend Announcement
• Almarai announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-03
• Almarai annual dividend for 2024 was ر.س1.00
• Almarai annual dividend for 2023 was ر.س1.00
• Almarai's trailing twelve-month (TTM) dividend yield is 1.7%
• Almarai's payout ratio for the trailing twelve months (TTM) is 43.80%
• Almarai's dividend growth over the last five years (2018-2023) was 5.92% year
• Almarai's dividend growth over the last ten years (2013-2023) was -2.21% year
Almarai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-03 | ر.س1.00 | annually | |
2023-04-12 | ر.س1.00 | annually | 2023-04-17 |
2022-04-13 | ر.س1.00 | annually | 2022-04-20 |
2021-04-14 | ر.س1.00 | annually | 2021-04-21 |
2020-04-06 | ر.س0.85 | annually | 2020-04-13 |
2019-04-08 | ر.س0.85 | annually | 2019-04-15 |
2018-04-10 | ر.س0.75 | annually | 2018-04-17 |
2017-03-27 | ر.س0.72 | annually | 2017-04-04 |
2016-04-04 | ر.س1.15 | annually | |
2015-04-06 | ر.س1.00 | annually | |
2014-04-03 | ر.س1.00 | annually | |
2013-04-03 | ر.س1.25 | annually |
Almarai Dividend per year
Almarai Dividend growth
Almarai Dividend Yield
Almarai current trailing twelve-month (TTM) dividend yield is 1.7%. Interested in purchasing Almarai stock? Use our calculator to estimate your expected dividend yield:
Almarai Financial Ratios
Almarai Dividend FAQ
Other factors to consider when evaluating Almarai 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: Almarai'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, Almarai 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, Almarai 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 Almarai 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: Almarai 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, Almarai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Almarai 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 Almarai'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 Almarai'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.