Gulf International Services Q.P.S.C., through its subsidiaries, provides insurance and reinsurance, helicopter transportation, catering, and drilling and related services in Qatar and internationally. It operates through Drilling, Insurance, Aviation, and Catering segments. The company owns 15 drilling rigs comprising 7 offshore and 8 onshore drilling rigs that are used for drilling wells for oil and natural gas extraction; 1 jack-up accommodation barge; and 2 lift boats. It also offers helicopter transportation services, including offshore/ onshore transporting, long and short-line load lifting, seismic support, VIP executive transport, ad-hoc shortterm contracts, simulator training, and component maintenance services. In addition, the company provides a range of insurance and reinsurance services in the field of construction, operations, marine, and medical; and catering, cleaning, pest control, manpower supply, facilities management, camp management, janitorial and laundry, and corporate hospitality and VIP dining services. Gulf International Services Q.P.S.C. was incorporated in 2008 and is headquartered in Doha, Qatar.
Gulf International Services Dividend Announcement
• Gulf International Services announced a annually dividend of ر.ق0.15 per ordinary share which will be made payable on . Ex dividend date: 2024-03-11
• Gulf International Services annual dividend for 2024 was ر.ق0.15
• Gulf International Services annual dividend for 2023 was ر.ق0.10
• Gulf International Services's trailing twelve-month (TTM) dividend yield is 4.8%
• Gulf International Services's payout ratio for the trailing twelve months (TTM) is 85.46%
Gulf International Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-11 | ر.ق0.15 | annually | |
2023-03-14 | ر.ق0.10 | annually | 2023-04-01 |
2017-02-27 | ر.ق1.00 | annually | 2017-04-01 |
2016-03-03 | ر.ق1.00 | annually | |
2015-02-19 | ر.ق5.50 | annually | |
2014-03-12 | ر.ق2.00 | annually | |
2013-03-19 | ر.ق1.50 | annually | |
2012-03-27 | ر.ق1.43 | annually | |
2011-03-14 | ر.ق1.30 | annually | |
2010-04-08 | ر.ق1.70 | annually |
Gulf International Services Dividend per year
Gulf International Services Dividend growth
Gulf International Services Dividend Yield
Gulf International Services current trailing twelve-month (TTM) dividend yield is 4.8%. Interested in purchasing Gulf International Services stock? Use our calculator to estimate your expected dividend yield:
Gulf International Services Financial Ratios
Gulf International Services Dividend FAQ
Other factors to consider when evaluating Gulf International Services 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: Gulf International Services'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 International Services 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 International Services 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 International Services 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: Gulf International Services 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 International Services 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 International Services 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 Gulf International Services'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 International Services'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.