Arabian Centres Company develops, owns, and operates contemporary lifestyle centers in the Kingdom of Saudi Arabia. It operates a portfolio of 23 lifestyle centers. The company also builds, leases, and sells buildings; and engages in the construction of commercial buildings, including demolition, repair, excavation, and maintenance works. In addition, it is involved in the maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants; and managing and operating temporary and permanent exhibitions, compounds, and hospitals. The company was founded in 2002 and is based in Riyadh, Saudi Arabia.
Arabian Centres Dividend Announcement
• Arabian Centres announced a quarterly dividend of ر.س0.38 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-30
• Arabian Centres annual dividend for 2024 was ر.س1.88
• Arabian Centres annual dividend for 2023 was ر.س2.62
• Arabian Centres's trailing twelve-month (TTM) dividend yield is 9.16%
• Arabian Centres's payout ratio for the trailing twelve months (TTM) is 54.32%
Arabian Centres Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-30 | ر.س0.38 | quarterly | 2024-07-18 |
2024-04-02 | ر.س0.75 | quarterly | |
2024-04-01 | ر.س0.75 | quarterly | 2024-04-16 |
2023-07-24 | ر.س0.87 | quarterly | 2023-08-13 |
2023-04-05 | ر.س1.00 | quarterly | 2023-04-25 |
2023-01-23 | ر.س0.75 | quarterly | 2023-02-12 |
2022-07-06 | ر.س0.75 | quarterly | 2022-07-26 |
2022-01-27 | ر.س0.75 | quarterly | 2022-02-14 |
2021-07-04 | ر.س0.75 | quarterly | 2021-07-15 |
2021-01-05 | ر.س0.50 | quarterly | 2021-01-14 |
2020-07-19 | ر.س0.50 | quarterly | 2020-07-27 |
2019-12-17 | ر.س0.90 | quarterly | 2019-12-30 |
Arabian Centres Dividend per year
Arabian Centres Dividend growth
Arabian Centres Dividend Yield
Arabian Centres current trailing twelve-month (TTM) dividend yield is 9.16%. Interested in purchasing Arabian Centres stock? Use our calculator to estimate your expected dividend yield:
Arabian Centres Financial Ratios
Arabian Centres Dividend FAQ
Other factors to consider when evaluating Arabian Centres 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: Arabian Centres'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, Arabian Centres 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, Arabian Centres 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 Arabian Centres 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: Arabian Centres 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, Arabian Centres distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Arabian Centres 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 Arabian Centres'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 Arabian Centres'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.