Almunajem Foods Company engages in the import, marketing, and distribution of frozen, chilled, and dry foodstuffs in Saudi Arabia. It also offers logistical services, including storage and transportation services. The company's poultry products include chicken and chicken products; meat; dairy products, including cheese, butter, cream, and evaporated milk; French fries; olives and olive oil, and sea food; fruits, which include avocado pulp; and basmati rice. It sells its products through wholesale, retail, and food service channels. The company serves catering companies, airlines, hotels, fast food restaurants, traditional restaurants, luxury restaurants, cafes, and juice shops; hypermarkets, supermarkets, superstores, mini markets, and baqalas; and small retailers and individual consumers. Almunajem Foods Company was founded in 1950 and is based in Riyadh, Saudi Arabia. Almunajem Foods Company is a subsidiary of Abdullah Ali Almunajem Sons Company.
Almunajem Foods Dividend Announcement
• Almunajem Foods announced a quarterly dividend of ر.س1.25 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-12
• Almunajem Foods annual dividend for 2024 was ر.س1.25
• Almunajem Foods annual dividend for 2023 was ر.س4.25
• Almunajem Foods's trailing twelve-month (TTM) dividend yield is 2.8%
• Almunajem Foods's payout ratio for the trailing twelve months (TTM) is 84.22%
Almunajem Foods Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-12 | ر.س1.25 | quarterly | 2024-06-26 |
| 2023-11-22 | ر.س2.00 | quarterly | 2023-12-03 |
| 2023-08-07 | ر.س1.25 | quarterly | 2023-08-22 |
| 2023-05-09 | ر.س1.00 | quarterly | 2023-05-17 |
| 2022-08-01 | ر.س1.25 | quarterly | 2022-08-14 |
| 2022-06-02 | ر.س2.00 | quarterly | 2022-06-12 |
Almunajem Foods Dividend per year
Almunajem Foods Dividend growth
Almunajem Foods Dividend Yield
Almunajem Foods current trailing twelve-month (TTM) dividend yield is 2.8%. Interested in purchasing Almunajem Foods stock? Use our calculator to estimate your expected dividend yield:
Almunajem Foods Financial Ratios
P/E ratio21.71
PEG ratio-2.36
P/B ratio6.75
ROE32.34%
Payout ratio84.22%
Current ratio2.22
Quick ratio0.80
Cash Ratio0.13
Almunajem Foods Dividend FAQ
How much is the next Almunajem Foods dividend?
Almunajem Foods's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Almunajem Foods dividend. The next Almunajem Foods dividend will be released in May, August, or November.
When is Almunajem Foods dividend paid?
Almunajem Foods pays dividends on a quarterly basis. The specific dates may vary each year but are generally around May, August, and November. 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 Almunajem Foods pay?
The specific amount of Almunajem Foods 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 Almunajem Foods's dividend history.
Does Almunajem Foods stock pay dividends?
Yes, Almunajem Foods 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 Almunajem Foods's dividend history.
How much dividend does Almunajem Foods pay?
Almunajem Foods paid ر.س1.25 in 2024, ر.س4.25 in 2023, ر.س3.25 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Almunajem Foods pay dividends?
Almunajem Foods typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around May, August, and November.
What is Almunajem Foods's dividend yield?
The current dividend yield for Almunajem Foods is 2.8%. 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 Almunajem Foods's exact dividend yield.
When does Almunajem Foods go ex dividend?
Almunajem Foods's ex-dividend date for the latest dividend was on 2024-06-12. Almunajem Foods 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 Almunajem Foods dividend paid?
Almunajem Foods pays dividends on a quarterly basis, typically around May, August, or November, but the exact dates can vary each year.
Will Almunajem Foods 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 Almunajem Foods 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 Almunajem Foods dividend per share?
Almunajem Foods paid ر.س1.25 per share in 2024 and ر.س4.25 per share in 2023. The amount of dividend per share that Almunajem Foods 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 Almunajem Foods 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 Almunajem Foods 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 Almunajem Foods a dividend stock?
Yes, Almunajem Foods is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Almunajem Foods a good dividend stock?
Whether Almunajem Foods is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Almunajem Foods has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Almunajem Foods 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.
Other factors to consider when evaluating Almunajem Foods 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 Almunajem Foods pay dividends monthly?
Almunajem Foods typically pays dividends on a quarterly basis.
Does Almunajem Foods pay dividends quarterly?
Almunajem Foods currently pays dividends on a quarterly basis.
Has Almunajem Foods ever paid a dividend?
Yes, Almunajem Foods has a history of paying dividends to its shareholders. Almunajem Foods is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Almunajem Foods dividend stocks?
To buy Almunajem Foods 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 Almunajem Foods 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.
Place an order: Use the brokerage's trading platform to place an order to buy Almunajem Foods 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 Almunajem Foods pay dividends 2024?
Almunajem Foods pays dividends on a quarterly basis. 2024 dividend payments are in 2024-06-26. 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 Almunajem Foods increase its dividend in 2024?
Decisions regarding Almunajem Foods 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 Almunajem Foods dividend overview you can look into the above table of dividend history.
How Almunajem Foods dividend works?
The Almunajem Foods 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 Almunajem Foods's dividend process works:
1. Determination of Dividend: Almunajem Foods'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, Almunajem Foods 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, Almunajem Foods 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 Almunajem Foods 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. Determination of Dividend: Almunajem Foods'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, Almunajem Foods 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, Almunajem Foods 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 Almunajem Foods 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 Almunajem Foods dividends paid?
Almunajem Foods dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Almunajem Foods 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, Almunajem Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Almunajem Foods 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.
1. Record Date: Almunajem Foods 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, Almunajem Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Almunajem Foods 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 Almunajem Foods pay dividends?
Almunajem Foods typically pays dividends on a quarterly 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 Almunajem Foods pay dividends?
The general pattern is that Almunajem Foods pays dividends around May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Almunajem Foods dividend safe?
The safety of Almunajem Foods'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 Almunajem Foods'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 Almunajem Foods'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.
To assess the safety of Almunajem Foods'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 Almunajem Foods'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.