Arabian Internet and Communications Services Co. Ltd. provides information technology solutions in Saudi Arabia. It offers system integration and connectivity, business outsourcing, managed, IoT digital, and cybersecurity integration services; and cloud services, including colocation, infrastructure, and SAAS and PAAS. The company also provides installation of computer networks and wiring; road repair, maintenance, and supplies; installation and maintenance of security devices; senior management advisory; and management of institutes and training centers. In addition, it engages in the design of computer systems; and provision of electronics, data centers, and software and e-learning development, as well as data analysis and management. Further, the company provides communication and internet services; general admin and support services; and searching employees for jobs hiring either by direction or tests and temporary employment agencies, as well as engages in the production of electronic contents and software. It serves healthcare, real estate, education, government, oil and gas, banking, and telecom sectors. The company was founded in 2002 and is headquartered in Riyadh, Saudi Arabia. Arabian Internet and Communications Services Co. Ltd. is a subsidiary of Saudi Telecom Company.
Arabian Internet and Communications Services Dividend Announcement
• Arabian Internet and Communications Services announced a annually dividend of ر.س6.00 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-05-30
• Arabian Internet and Communications Services annual dividend for 2024 was ر.س6.00
• Arabian Internet and Communications Services annual dividend for 2023 was ر.س5.00
• Arabian Internet and Communications Services's trailing twelve-month (TTM) dividend yield is 2.27%
• Arabian Internet and Communications Services's payout ratio for the trailing twelve months (TTM) is 49.73%
Arabian Internet and Communications Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ر.س6.00 | annually | 2024-06-26 |
2023-05-10 | ر.س5.00 | annually | 2023-05-28 |
2022-05-30 | ر.س4.00 | annually | 2022-06-15 |
Arabian Internet and Communications Services Dividend per year
Arabian Internet and Communications Services Dividend growth
Arabian Internet and Communications Services Dividend Yield
Arabian Internet and Communications Services current trailing twelve-month (TTM) dividend yield is 2.27%. Interested in purchasing Arabian Internet and Communications Services stock? Use our calculator to estimate your expected dividend yield:
Arabian Internet and Communications Services Financial Ratios
Arabian Internet and Communications Services Dividend FAQ
Other factors to consider when evaluating Arabian Internet and Communications Services 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 Internet and Communications Services'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 Internet and Communications Services 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 Internet and Communications Services 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 Internet and Communications Services 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 Internet and Communications Services 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 Internet and Communications Services 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 Internet and Communications Services 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 Internet and Communications Services'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 Internet and Communications Services'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.