company-logo

Electrical Industries Company, through its subsidiaries, engages in the manufacture, assembly, and supply of various types of electrical equipment; and provision of technical services in the Kingdom of Saudi Arabia and internationally. The company provides power, distribution, pole and pad mounted, and slim transformers; package and unit substations; and cable management systems, including cable ladder, tray, and trunking systems, as well as communication runway systems, and covers and other accessories. It also offers low voltage metal enclosed switchgears, magnum DS metal enclosed switchgears, motor control centers, metal-enclosed IEC switchgears, panel boards, switch racks, bus ducts, and cable buses. In addition, the company provides high voltage equipment, such as annunciator, protection and control, and synchronizing panels; and medium voltage indoors metal-clad switchgears, indoor metal-enclosed motor controllers, bus ducts, and cable buses. Further, it provides industrial services comprising calibration and instrumentation, refurbishment, modification and upgrading of electrical equipment, transformer oil filling, processing and filtration, relay setting and coordination study, and testing and commissioning of electrical equipment at site. The company serves the commercial, residential, and industrial sectors. Electrical Industries Company was founded in 1976 and is based in Dammam, the Kingdom of Saudi Arabia.

Electrical Industries Dividend Announcement

Electrical Industries announced a semi annually dividend of ر.س0.10 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-08
Electrical Industries annual dividend for 2024 was ر.س0.17
Electrical Industries annual dividend for 2023 was ر.س1.50
Electrical Industries's trailing twelve-month (TTM) dividend yield is 2.31%
Electrical Industries's payout ratio for the trailing twelve months (TTM) is 55.20%

Electrical Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-08ر.س0.10semi annually2024-08-28
2024-03-31ر.س0.07semi annually2024-04-24
2023-09-10ر.س1.50semi annually2024-04-24
2022-04-21ر.س1.00semi annually2022-05-17
2021-04-27ر.س0.50semi annually2021-05-09
2018-05-14ر.س1.00semi annually2018-06-01
2017-04-26ر.س0.90semi annually2017-05-11

Electrical Industries Dividend per year

Electrical Industries Dividend growth

Electrical Industries Dividend Yield

Electrical Industries current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Electrical Industries stock? Use our calculator to estimate your expected dividend yield:

Electrical Industries Financial Ratios

P/E ratio23.61
PEG ratio12.07
P/B ratio9.97
ROE45.17%
Payout ratio55.20%
Current ratio1.57
Quick ratio0.87
Cash Ratio0.13

Electrical Industries Dividend FAQ

How much is the next Electrical Industries dividend?
Electrical Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Electrical Industries dividend. The next Electrical Industries dividend will be released in September.
When is Electrical Industries dividend paid?
Electrical Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September. 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 Electrical Industries pay?
The specific amount of Electrical Industries 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 Electrical Industries's dividend history.
Does Electrical Industries stock pay dividends?
Yes, Electrical Industries 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 Electrical Industries's dividend history.
How much dividend does Electrical Industries pay?
Electrical Industries paid ر.س0.175 in 2024, ر.س1.5 in 2023, ر.س1.0 in 2022, ر.س0.5 in 2021, and ر.س0.0 in 2020.
How often does Electrical Industries pay dividends?
Electrical Industries 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 September.
What is Electrical Industries's dividend yield?
The current dividend yield for Electrical Industries is 2.31%. 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 Electrical Industries's exact dividend yield.
When does Electrical Industries go ex dividend?
Electrical Industries's ex-dividend date for the latest dividend was on 2024-08-08. Electrical Industries 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 Electrical Industries dividend paid?
Electrical Industries pays dividends on a semi annually basis, typically around September, but the exact dates can vary each year.
Will Electrical Industries 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 Electrical Industries 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 Electrical Industries dividend per share?
Electrical Industries paid ر.س0.175 per share in 2024 and ر.س1.5 per share in 2023. The amount of dividend per share that Electrical Industries 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 Electrical Industries 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 Electrical Industries 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 Electrical Industries a dividend stock?
Yes, Electrical Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Electrical Industries a good dividend stock?
Whether Electrical Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Electrical Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Electrical Industries 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 Electrical Industries pay dividends monthly?
Electrical Industries typically pays dividends on a semi annually basis.
Does Electrical Industries pay dividends quarterly?
Electrical Industries currently pays dividends on a semi annually basis.
Has Electrical Industries ever paid a dividend?
Yes, Electrical Industries has a history of paying dividends to its shareholders. Electrical Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Electrical Industries dividend stocks?
To buy Electrical Industries 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 Electrical Industries 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 Electrical Industries pay dividends 2024?
Electrical Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-28. 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 Electrical Industries increase its dividend in 2024?
Decisions regarding Electrical Industries 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 Electrical Industries dividend overview you can look into the above table of dividend history.
How Electrical Industries dividend works?
The Electrical Industries 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 Electrical Industries's dividend process works:

1. Determination of Dividend: Electrical Industries'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, Electrical Industries 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, Electrical Industries 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 Electrical Industries 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 Electrical Industries dividends paid?
Electrical Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Electrical Industries 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, Electrical Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Electrical Industries 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 Electrical Industries pay dividends?
Electrical Industries 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 Electrical Industries pay dividends?
The general pattern is that Electrical Industries pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Electrical Industries dividend safe?
The safety of Electrical Industries'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 Electrical Industries'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 Electrical Industries'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.