Baazeem Trading Company operates as a FMCG distribution company. The company offers household cleaning solutions, such as sponge, scrubbers, steel wool, brooms, wipers, trash bags, food storage bags, table covers, and others; liquid detergents; multipurpose cleaners; tuna; starch sprays; plastic oven bags; toilet cleaning products; fornet spray; and bed linens under the MAOG, U-do, Shiraa, SMAC, Fid Fad, Rio mare, Merito, LOOK, WC NET, Fornet, Omino Bianco, and Camel brands. It sells its products through business to business, discount store, and wholesale and retail channels in the United Arab Emirates, the Kingdom of Bahrain, and the Sultanate of Oman. The company was founded in 1978 and is headquartered in Riyadh, Saudi Arabia.
Baazeem Trading Dividend Announcement
• Baazeem Trading announced a quarterly dividend of ر.س0.07 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-26
• Baazeem Trading annual dividend for 2024 was ر.س2.27
• Baazeem Trading annual dividend for 2023 was ر.س1.80
• Baazeem Trading's trailing twelve-month (TTM) dividend yield is 1.32%
• Baazeem Trading's payout ratio for the trailing twelve months (TTM) is 82.02%
• Baazeem Trading's dividend growth over the last five years (2018-2023) was 1.15% year
Baazeem Trading Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | ر.س0.07 | quarterly | 2024-09-05 |
2024-06-09 | ر.س1.10 | quarterly | 2024-06-25 |
2024-05-15 | ر.س1.10 | quarterly | 2024-06-01 |
2023-08-24 | ر.س0.70 | quarterly | 2023-09-06 |
2023-05-03 | ر.س1.10 | quarterly | 2023-05-17 |
2022-08-17 | ر.س0.70 | quarterly | 2022-09-04 |
2022-05-10 | ر.س1.75 | quarterly | 2022-05-23 |
2021-04-25 | ر.س1.75 | quarterly | 2021-05-07 |
2020-04-19 | ر.س1.60 | quarterly | 2020-04-30 |
2019-04-21 | ر.س1.50 | quarterly | 2019-04-28 |
2018-05-03 | ر.س1.70 | quarterly | 2018-05-21 |
2017-05-23 | ر.س1.70 | quarterly | 2017-06-04 |
Baazeem Trading Dividend per year
Baazeem Trading Dividend growth
Baazeem Trading Dividend Yield
Baazeem Trading current trailing twelve-month (TTM) dividend yield is 1.32%. Interested in purchasing Baazeem Trading stock? Use our calculator to estimate your expected dividend yield:
Baazeem Trading Financial Ratios
Baazeem Trading Dividend FAQ
Other factors to consider when evaluating Baazeem Trading 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 Baazeem Trading 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: Baazeem Trading'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, Baazeem Trading 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, Baazeem Trading 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 Baazeem Trading 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: Baazeem Trading 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, Baazeem Trading distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Baazeem Trading 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 Baazeem Trading'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 Baazeem Trading'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.