Itissalat Al-Maghrib (IAM) S.A., together with its subsidiaries, provides various telecommunication services in Morocco and internationally. It offers mobile, fixed-line, Internet, and fixed-line broadband telecommunication services, as well as sells mobile terminals, broadband equipment, and connected objects and accessories. The company was founded in 1998 and is based in Rabat, Morocco. As of October 28, 2021, Itissalat Al-Maghrib (IAM) S.A. operates as subsidiary of Emirates Telecommunications Group Company PJSC.
Itissalat Al-Maghrib Dividend Announcement
• Itissalat Al-Maghrib announced a annually dividend of €0.39 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-30
• Itissalat Al-Maghrib annual dividend for 2024 was €0.39
• Itissalat Al-Maghrib annual dividend for 2023 was €0.20
• Itissalat Al-Maghrib's trailing twelve-month (TTM) dividend yield is 0.44%
• Itissalat Al-Maghrib's payout ratio for the trailing twelve months (TTM) is 153.80%
• Itissalat Al-Maghrib's dividend growth over the last five years (2018-2023) was -29.78% year
• Itissalat Al-Maghrib's dividend growth over the last ten years (2013-2023) was -11.37% year
Itissalat Al-Maghrib Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | €0.39 | annually | 2024-09-12 |
2023-09-04 | €0.20 | annually | 2023-09-15 |
2022-09-02 | €0.43 | annually | 2022-09-15 |
2021-09-02 | €0.36 | annually | 2021-09-15 |
2020-08-03 | €0.50 | annually | 2020-08-12 |
2019-06-12 | €0.62 | annually | |
2019-05-24 | €0.62 | annually | 2019-06-04 |
2018-05-25 | €0.59 | annually | 2018-06-05 |
2018-04-11 | €0.59 | annually | |
2017-05-24 | €0.58 | annually | 2017-06-02 |
2016-05-24 | €0.58 | annually | 2016-06-02 |
2015-05-22 | €0.62 | annually | 2015-06-02 |
2014-05-23 | €0.54 | annually | 2014-06-03 |
2013-05-23 | €0.67 | annually | 2013-06-03 |
Itissalat Al-Maghrib Dividend per year
Itissalat Al-Maghrib Dividend growth
Itissalat Al-Maghrib Dividend Yield
Itissalat Al-Maghrib current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Itissalat Al-Maghrib stock? Use our calculator to estimate your expected dividend yield:
Itissalat Al-Maghrib Financial Ratios
Itissalat Al-Maghrib Dividend FAQ
Other factors to consider when evaluating Itissalat Al-Maghrib 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: Itissalat Al-Maghrib'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, Itissalat Al-Maghrib 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, Itissalat Al-Maghrib 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 Itissalat Al-Maghrib 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: Itissalat Al-Maghrib 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, Itissalat Al-Maghrib distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Itissalat Al-Maghrib 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 Itissalat Al-Maghrib'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 Itissalat Al-Maghrib'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.