City Cement Company engages in the production and sale of cement in the Kingdom of Saudi Arabia. It offers ordinary Portland cement for use in plastering, masonry, finishing, block and tiles manufacturing, reinforced concrete job, and cement pipes manufacturing applications; and sulfate resistant cement for use in dams and underground structures, marine and port structures, and sewage and water treatment plants. The company also provides environmental services and solutions in the waste treatment and recycling sector. City Cement Company was founded in 2005 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
City Cement Dividend Announcement
• City Cement announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-13
• City Cement annual dividend for 2024 was ر.س0.90
• City Cement annual dividend for 2023 was ر.س0.90
• City Cement's trailing twelve-month (TTM) dividend yield is 5.21%
• City Cement's payout ratio for the trailing twelve months (TTM) is 112.57%
City Cement Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-13 | ر.س0.50 | semi annually | 2024-09-02 |
| 2024-02-20 | ر.س0.40 | semi annually | |
| 2023-08-20 | ر.س0.40 | semi annually | 2023-09-05 |
| 2023-03-22 | ر.س0.50 | semi annually | 2023-04-04 |
| 2022-09-13 | ر.س0.40 | semi annually | 2022-09-26 |
| 2022-03-20 | ر.س0.50 | semi annually | 2022-03-30 |
| 2021-08-22 | ر.س0.75 | semi annually | 2021-09-02 |
| 2021-03-08 | ر.س0.50 | semi annually | 2021-03-21 |
| 2020-11-12 | ر.س1.00 | semi annually | 2020-11-10 |
| 2019-04-07 | ر.س0.00 | semi annually | 2019-04-16 |
| 2018-05-06 | ر.س0.00 | semi annually | 2018-05-17 |
| 2017-03-30 | ر.س0.00 | semi annually | 2017-04-10 |
| 2016-08-02 | ر.س0.00 | semi annually | |
| 2016-04-18 | ر.س0.00 | semi annually | |
| 2015-11-02 | ر.س0.00 | semi annually | |
| 2014-11-03 | ر.س0.00 | semi annually | |
| 2014-04-06 | ر.س0.00 | semi annually | |
| 2013-11-06 | ر.س0.00 | semi annually | |
| 2013-05-15 | ر.س0.00 | semi annually |
City Cement Dividend per year
City Cement Dividend growth
City Cement Dividend Yield
City Cement current trailing twelve-month (TTM) dividend yield is 5.21%. Interested in purchasing City Cement stock? Use our calculator to estimate your expected dividend yield:
City Cement Financial Ratios
P/E ratio24.32
PEG ratio-0.87
P/B ratio1.35
ROE5.62%
Payout ratio112.57%
Current ratio13.15
Quick ratio9.43
Cash Ratio0.76
City Cement Dividend FAQ
How much is the next City Cement dividend?
City Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next City Cement dividend. The next City Cement dividend will be released in March, or August.
When is City Cement dividend paid?
City Cement pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does City Cement pay?
The specific amount of City Cement dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find City Cement's dividend history.
Does City Cement stock pay dividends?
Yes, City Cement does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find City Cement's dividend history.
How much dividend does City Cement pay?
City Cement paid ر.س0.9 in 2024, ر.س0.9 in 2023, ر.س0.9 in 2022, ر.س1.25 in 2021, and ر.س1.0 in 2020.
How often does City Cement pay dividends?
City Cement typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and August.
What is City Cement's dividend yield?
The current dividend yield for City Cement is 5.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate City Cement's exact dividend yield.
When does City Cement go ex dividend?
City Cement's ex-dividend date for the latest dividend was on 2024-08-13. City Cement typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next City Cement dividend paid?
City Cement pays dividends on a semi annually basis, typically around March, or August, but the exact dates can vary each year.
Will City Cement increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether City Cement will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is City Cement dividend per share?
City Cement paid ر.س0.9 per share in 2024 and ر.س0.9 per share in 2023. The amount of dividend per share that City Cement pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is City Cement a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is City Cement a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is City Cement a dividend stock?
Yes, City Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is City Cement a good dividend stock?
Whether City Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. City Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating City Cement 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.
Other factors to consider when evaluating City Cement 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.
Does City Cement pay dividends monthly?
City Cement typically pays dividends on a semi annually basis.
Does City Cement pay dividends quarterly?
City Cement currently pays dividends on a semi annually basis.
Has City Cement ever paid a dividend?
Yes, City Cement has a history of paying dividends to its shareholders. City Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy City Cement dividend stocks?
To buy City Cement you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy City Cement 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.
Place an order: Use the brokerage's trading platform to place an order to buy City Cement 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.
When does City Cement pay dividends 2024?
City Cement pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will City Cement increase its dividend in 2024?
Decisions regarding City Cement dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date City Cement dividend overview you can look into the above table of dividend history.
How City Cement dividend works?
The City Cement dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how City Cement's dividend process works:
1. Determination of Dividend: City Cement'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, City Cement 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, City Cement 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 City Cement 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. Determination of Dividend: City Cement'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, City Cement 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, City Cement 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 City Cement 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.
How are City Cement dividends paid?
City Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: City Cement 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, City Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: City Cement 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.
1. Record Date: City Cement 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, City Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: City Cement 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.
How many times does City Cement pay dividends?
City Cement typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does City Cement pay dividends?
The general pattern is that City Cement pays dividends around March, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is City Cement dividend safe?
The safety of City Cement's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of City Cement'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 City Cement'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.
To assess the safety of City Cement'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 City Cement'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.