Alwasail Industrial Company manufactures and sells polyethylene pipes and fittings in the Kingdom of Saudi Arabia, Egypt, Oman, and the United Arab Emirates. The company offers barbed fittings, low density polyethylene pipes, compression fittings, clamp saddles, PP threaded fittings, turf fittings, turf and agriculture, valves, and tools and accessories; butt welding injected products; pressure pipes; electrofusion products; butt welding flanges and fabricated products; reinforced thermoplastic pipes and gas pipes; grooved wall conduit products, such as base spiral, spacers, telecom duct and microducts, electric pipe orange, and corrugated pipe products; injected molded fittings and Iron pipe size HDPE pipes; polypropylene corrugated pipes; and sunk box, electric box round, fisher, cable clip, electric box without cover, electric box, and electric box cover products. The company also exports its products. It offers its products through contractors and retailers. The company was formerly known as Alwasail Agricultural Company and changed its name to Alwasail Industrial Company in 1990. Alwasail Industrial Company was founded in 1979 and is headquartered in Buraydah, Saudi Arabia.
Alwasail Industrial Dividend Announcement
• Alwasail Industrial announced a semi annually dividend of ر.س0.05 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-25
• Alwasail Industrial annual dividend for 2024 was ر.س0.15
• Alwasail Industrial annual dividend for 2023 was ر.س0.75
• Alwasail Industrial's trailing twelve-month (TTM) dividend yield is 4.52%
• Alwasail Industrial's payout ratio for the trailing twelve months (TTM) is 45.16%
Alwasail Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-25 | ر.س0.05 | semi annually | 2024-10-03 |
2024-05-06 | ر.س0.10 | semi annually | 2024-05-06 |
2023-05-02 | ر.س0.75 | semi annually | 2023-05-11 |
2022-05-18 | ر.س0.50 | semi annually | 2022-05-26 |
Alwasail Industrial Dividend per year
Alwasail Industrial Dividend growth
Alwasail Industrial Dividend Yield
Alwasail Industrial current trailing twelve-month (TTM) dividend yield is 4.52%. Interested in purchasing Alwasail Industrial stock? Use our calculator to estimate your expected dividend yield:
Alwasail Industrial Financial Ratios
Alwasail Industrial Dividend FAQ
Other factors to consider when evaluating Alwasail Industrial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Alwasail Industrial 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.
1. Determination of Dividend: Alwasail Industrial'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, Alwasail Industrial 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, Alwasail Industrial 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 Alwasail Industrial 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: Alwasail Industrial 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, Alwasail Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alwasail Industrial 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 Alwasail Industrial'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 Alwasail Industrial'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.