Arab National Bank (1080.SR) Dividend: History, Dates & Yield - 2024
Dividend History
Arab National Bank announced a semi annually dividend of ر.س0.65 per ordinary share, payable on 2024-08-21, with an ex-dividend date of 2024-08-12. Arab National Bank typically pays dividends two times a year, compared to ر.س1.35 in 2024.
Find details on Arab National Bank's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | ر.س0.65 | semi annually | 2024-08-21 |
2024-02-12 | ر.س0.70 | semi annually | 2024-02-25 |
2023-07-30 | ر.س0.65 | semi annually | 2023-08-08 |
2023-03-29 | ر.س0.60 | semi annually | 2023-04-11 |
2022-06-30 | ر.س0.50 | semi annually | 2022-07-18 |
2022-04-13 | ر.س0.45 | semi annually | 2022-04-21 |
2021-07-04 | ر.س0.35 | semi annually | 2021-07-14 |
2021-03-31 | ر.س0.40 | semi annually | 2021-04-12 |
2020-03-31 | ر.س0.50 | semi annually | 2020-04-13 |
2019-07-11 | ر.س0.50 | semi annually | 2019-07-24 |
Dividend Increase
Arab National Bank's dividend growth over the last five years (2020-2024) was 10.66% per year, while over the last ten years (2015-2024), it was 9.65% per year. In comparison, Riyad Bank has seen an average growth rate of 17.97% over the past five years and Theudi British Bank's growth rate was 20.62%.
By comparing Arab National Bank's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Arab National Bank's current trailing twelve-month (TTM) dividend yield is 5.62%. Over the last 12 months, Arab National Bank has maintained this yield, but how does it compare to similar stocks? For example, Riyad Bank offers a yield of 5.54%, while Theudi British Bank provides a yield of 5.92%. Comparing similar stocks can help investors assess Arab National Bank's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Arab National Bank (1080.SR) | 5.62% | ر.س1.35 | ر.س20.92 |
Riyad Bank (1010.SR) | 5.54% | ر.س1.55 | ر.س28 |
Theudi British Bank (1060.SR) | 5.92% | ر.س1.98 | ر.س33.45 |
Dividend Yield Calculator
Interested in purchasing Arab National Bank stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Arab National Bank has a payout ratio of 0.46%. In comparison, Riyad Bank has a payout ratio of 0.51%, while Theudi British Bank's payout ratio is 0.51%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Arab National Bank
- Global presence Operates in over 200 countries worldwide
- Key Segments Provides financial services, including insurance, wealth management, and banking
- Products/services Offers a wide range of investment products, insurance options, and banking solutions
- Financial stability Strong track record of consistent dividend payments and growth over the years
Frequently Asked Question
Other factors to consider when evaluating Arab National Bank 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 Arab National Bank 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: Arab National Bank'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, Arab National Bank 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, Arab National Bank 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 Arab National Bank 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: Arab National Bank 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, Arab National Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Arab National Bank 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 Arab National Bank'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 Arab National Bank'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.