Gulf Insurance Group provides various insurance and reinsurance products for individuals, SMEs, and businesses in Saudi Arabia. The company offers car, travel, home, personal accident, and SME medical insurance; and business insurance, including motor fleet, healthcare, business travel, marine, life, and group personal accident insurance. It also provides money, business all risk, general third-party liability, product liability, workmen's compensation/employer's liability, contractors all risk, erection all risk, machinery and electronic equipment failure, death, and disability insurance. The company was formerly known as AXA Cooperative Insurance Company and changed its name to Gulf Insurance Group in June 2022. Gulf Insurance Group was founded in 2008 and is headquartered in Kuwait City, Kuwait.
Gulf Insurance Dividend Announcement
• Gulf Insurance announced a annually dividend of ر.س1.50 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30 • Gulf Insurance annual dividend for 2024 was ر.س1.50 • Gulf Insurance annual dividend for 2023 was ر.س0.50 • Gulf Insurance's trailing twelve-month (TTM) dividend yield is 5.04% • Gulf Insurance's payout ratio for the trailing twelve months (TTM) is 124.70%
Gulf Insurance current trailing twelve-month (TTM) dividend yield is 5.04%. Interested in purchasing Gulf Insurance stock? Use our calculator to estimate your expected dividend yield:
Gulf Insurance Financial Ratios
P/E ratio24.73
PEG ratio2.68
P/B ratio1.56
ROE6.15%
Payout ratio124.70%
Current ratio4.22
Quick ratio4.22
Cash Ratio0.71
Gulf Insurance Dividend FAQ
How much is the next Gulf Insurance dividend?
Gulf Insurance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gulf Insurance dividend. The next Gulf Insurance dividend will be released in June.
When is Gulf Insurance dividend paid?
Gulf Insurance pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Gulf Insurance pay?
The specific amount of Gulf Insurance 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 Gulf Insurance's dividend history.
Does Gulf Insurance stock pay dividends?
Yes, Gulf Insurance 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 Gulf Insurance's dividend history.
How much dividend does Gulf Insurance pay?
Gulf Insurance paid ر.س1.5 in 2024, ر.س0.5 in 2023, ر.س1.0 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Gulf Insurance pay dividends?
Gulf Insurance typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Gulf Insurance's dividend yield?
The current dividend yield for Gulf Insurance is 5.04%. 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 Gulf Insurance's exact dividend yield.
When does Gulf Insurance go ex dividend?
Gulf Insurance's ex-dividend date for the latest dividend was on 2024-05-30. Gulf Insurance 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 Gulf Insurance dividend paid?
Gulf Insurance pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Gulf Insurance 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 Gulf Insurance 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 Gulf Insurance dividend per share?
Gulf Insurance paid ر.س1.5 per share in 2024 and ر.س0.5 per share in 2023. The amount of dividend per share that Gulf Insurance 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 Gulf Insurance 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 Gulf Insurance 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 Gulf Insurance a dividend stock?
Yes, Gulf Insurance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gulf Insurance a good dividend stock?
Whether Gulf Insurance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gulf Insurance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gulf Insurance 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 Gulf Insurance pay dividends monthly?
Gulf Insurance typically pays dividends on a annually basis.
Does Gulf Insurance pay dividends quarterly?
Gulf Insurance currently pays dividends on a annually basis.
Has Gulf Insurance ever paid a dividend?
Yes, Gulf Insurance has a history of paying dividends to its shareholders. Gulf Insurance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gulf Insurance dividend stocks?
To buy Gulf Insurance 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 Gulf Insurance 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 Gulf Insurance pay dividends 2024?
Gulf Insurance pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Gulf Insurance increase its dividend in 2024?
Decisions regarding Gulf Insurance 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 Gulf Insurance dividend overview you can look into the above table of dividend history.
How Gulf Insurance dividend works?
The Gulf Insurance 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 Gulf Insurance's dividend process works:
1. Determination of Dividend: Gulf Insurance'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, Gulf Insurance 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, Gulf Insurance 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 Gulf Insurance 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 Gulf Insurance dividends paid?
Gulf Insurance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gulf Insurance 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, Gulf Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gulf Insurance 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 Gulf Insurance pay dividends?
Gulf Insurance typically pays dividends on a 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 Gulf Insurance pay dividends?
The general pattern is that Gulf Insurance pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gulf Insurance dividend safe?
The safety of Gulf Insurance'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 Gulf Insurance'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 Gulf Insurance'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.