Bank AlJazira provides a range of Shari'ah compliant banking products and services for individuals, corporates, small to medium sized businesses, and institutions in the Kingdom of Saudi Arabia. The company operates through Personal Banking, Corporate Banking, Treasury, Brokerage and Asset Management, and Takaful Ta'awuni segments. It offers various personal banking products and services, including saving and current accounts; real estate and personal financing services; safety deposits; money transfer; investment products; and ladies and e-banking services. The company also provides Islamic funding services; global transaction services, such as cash management, trade financing, and corporate payroll services; syndication financing services; and commercial and online banking services, as well as services for the public sector and financial institutions. In addition, it offers investment banking services comprising brokerage and asset management services, as well as corporate investment banking services through initial public offerings, private placement, capital increase, and underwriting. Further, the company provides private banking products and services, including ATM and credit cards, safe deposit lockers, trading commission, foreign currency exchange, short term deposits, and structured products; real-estates investments; wealth management services; and treasury services, including naqa'a and thrift saving programs, foreign exchange, FX forward, structured products, and hedging solutions, as well as margin financing services. As of December 31, 2020, it operated a network of 79 branches and 62 Fawri remittance centers. The company was incorporated in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Bank AlJazira Dividend Announcement
• Bank AlJazira announced a semi annually dividend of ر.س0.40 per ordinary share which will be made payable on 2022-08-15. Ex dividend date: 2022-08-07
• Bank AlJazira's trailing twelve-month (TTM) dividend yield is -%
• Bank AlJazira's payout ratio for the trailing twelve months (TTM) is 0.30%
Bank AlJazira Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-08-07 | ر.س0.40 | semi annually | 2022-08-15 |
2022-02-13 | ر.س0.35 | semi annually | 2022-02-21 |
2021-08-09 | ر.س0.35 | semi annually | 2021-08-23 |
2020-04-15 | ر.س0.30 | semi annually | 2020-05-05 |
2019-08-04 | ر.س0.30 | semi annually | 2019-08-26 |
2019-04-16 | ر.س0.50 | semi annually | 2019-05-05 |
2018-05-09 | ر.س0.32 | semi annually | 2018-05-23 |
2017-04-10 | ر.س0.50 | semi annually | 2017-04-23 |
2009-04-19 | ر.س0.50 | semi annually | 2009-04-25 |
Bank AlJazira Dividend per year
Bank AlJazira Dividend growth
Bank AlJazira Dividend Yield
Bank AlJazira current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Bank AlJazira stock? Use our calculator to estimate your expected dividend yield:
Bank AlJazira Financial Ratios
Bank AlJazira Dividend FAQ
Other factors to consider when evaluating Bank AlJazira 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: Bank AlJazira'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, Bank AlJazira 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, Bank AlJazira 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 Bank AlJazira 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: Bank AlJazira 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, Bank AlJazira distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank AlJazira 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 Bank AlJazira'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 Bank AlJazira'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.