Elm Company provides ready-made and customized digital solutions in Saudi Arabia. The company offers consulting and IT services, government outsourcing services, and training solutions. It also provides technical solutions; e-products for security, transportation, health, and management; and digital outsourcing solutions. The company was formerly known as Al-ELM Information Security Company and changed its name to Elm Company in 2002. Elm Company was founded in 1986 and is headquartered in Riyadh, Saudi Arabia.
Elm Dividend Announcement
• Elm announced a semi annually dividend of ر.س3.50 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-08-07 • Elm annual dividend for 2024 was ر.س7.50 • Elm annual dividend for 2023 was ر.س6.00 • Elm's trailing twelve-month (TTM) dividend yield is 0.66% • Elm's payout ratio for the trailing twelve months (TTM) is 42.21%
Elm current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Elm stock? Use our calculator to estimate your expected dividend yield:
Elm Financial Ratios
P/E ratio53.21
PEG ratio1.60
P/B ratio18.42
ROE38.13%
Payout ratio42.21%
Current ratio2.34
Quick ratio2.34
Cash Ratio0.19
Elm Dividend FAQ
How much is the next Elm dividend?
Elm's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Elm dividend. The next Elm dividend will be released in April, or August.
When is Elm dividend paid?
Elm pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, 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 Elm pay?
The specific amount of Elm 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 Elm's dividend history.
Does Elm stock pay dividends?
Yes, Elm 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 Elm's dividend history.
How much dividend does Elm pay?
Elm paid ر.س7.5 in 2024, ر.س6.0 in 2023, ر.س5.0 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Elm pay dividends?
Elm 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 April, and August.
What is Elm's dividend yield?
The current dividend yield for Elm is 0.66%. 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 Elm's exact dividend yield.
When does Elm go ex dividend?
Elm's ex-dividend date for the latest dividend was on 2024-08-07. Elm 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 Elm dividend paid?
Elm pays dividends on a semi annually basis, typically around April, or August, but the exact dates can vary each year.
Will Elm 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 Elm 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 Elm dividend per share?
Elm paid ر.س7.5 per share in 2024 and ر.س6.0 per share in 2023. The amount of dividend per share that Elm 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 Elm 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 Elm 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 Elm a dividend stock?
Yes, Elm is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Elm a good dividend stock?
Whether Elm is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Elm has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Elm 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 Elm pay dividends monthly?
Elm typically pays dividends on a semi annually basis.
Does Elm pay dividends quarterly?
Elm currently pays dividends on a semi annually basis.
Has Elm ever paid a dividend?
Yes, Elm has a history of paying dividends to its shareholders. Elm is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Elm dividend stocks?
To buy Elm 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 Elm 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 Elm pay dividends 2024?
Elm pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-20. 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 Elm increase its dividend in 2024?
Decisions regarding Elm 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 Elm dividend overview you can look into the above table of dividend history.
How Elm dividend works?
The Elm 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 Elm's dividend process works:
1. Determination of Dividend: Elm'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, Elm 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, Elm 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 Elm 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 Elm dividends paid?
Elm dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Elm 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, Elm distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Elm 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 Elm pay dividends?
Elm 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 Elm pay dividends?
The general pattern is that Elm pays dividends around April, 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 Elm dividend safe?
The safety of Elm'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 Elm'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 Elm'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.