Astra Industrial Group Company, through its subsidiaries, engages in the pharmaceuticals, specialty chemicals, power and steel, mining, and other businesses in the Kingdom of Saudi Arabia, Africa, the United States, Asia, Europe, and internationally. The company develops, manufactures, markets, and distributes branded generic and under-licensed pharmaceuticals products in various therapeutic areas, including CNS, cardiovascular, anti-infective, respiratory, and muscular skeletal system; and produces masterbatches, dust-free additives, and custom-made thermoplastic compounds, and liquid and paste colorants for polymer manufacturing and converting, and plastic processing industries. It also manufactures, imports, and distributes a range of agrochemicals, fertilizers, public health and veterinary pesticides, seeds, and other agricultural inputs; and produces pre-engineered steel buildings and steel structures, as well as steel billets and rebars for the construction industry. In addition, the company explores for ores and minerals. Further, it builds, operates, manages, and invests in industrial plants. Additionally, it is involved in the metal based construction of buildings and building frames. Astra Industrial Group Company was incorporated in 1988 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Astra Industrial Dividend Announcement
• Astra Industrial announced a annually dividend of ر.س2.50 per ordinary share which will be made payable on 2024-06-30. Ex dividend date: 2024-06-24
• Astra Industrial annual dividend for 2024 was ر.س2.50
• Astra Industrial annual dividend for 2023 was ر.س2.50
• Astra Industrial's trailing twelve-month (TTM) dividend yield is 1.44%
• Astra Industrial's payout ratio for the trailing twelve months (TTM) is 33.77%
Astra Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | ر.س2.50 | annually | 2024-06-30 |
2023-05-29 | ر.س2.50 | annually | 2023-06-04 |
2022-04-24 | ر.س1.50 | annually | 2022-05-01 |
2021-04-12 | ر.س0.75 | annually | 2021-05-01 |
2018-05-20 | ر.س0.50 | annually | 2018-06-01 |
2017-05-17 | ر.س0.50 | annually | 2017-06-06 |
2015-04-29 | ر.س0.81 | annually | |
2014-04-30 | ر.س1.75 | annually | |
2013-04-23 | ر.س1.75 | annually | |
2012-05-29 | ر.س1.75 | annually | |
2011-05-01 | ر.س1.50 | annually |
Astra Industrial Dividend per year
Astra Industrial Dividend growth
Astra Industrial Dividend Yield
Astra Industrial current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing Astra Industrial stock? Use our calculator to estimate your expected dividend yield:
Astra Industrial Financial Ratios
Astra Industrial Dividend FAQ
Other factors to consider when evaluating Astra 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.
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1. Determination of Dividend: Astra 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, Astra 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, Astra 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 Astra 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: Astra 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, Astra 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: Astra 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 Astra 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 Astra 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.