Kuwait Finance House K.S.C.P., together with its subsidiaries, provides Islamic banking services in the Middle East, North America, Europe, and Asia. The company operates through four segments: Treasury, Retail and Private Banking, Corporate Banking, and Investment. The Treasury segment offers liquidity management, murabaha investments, and investments in Sukuk, as well as exchanges deposits with banks, financial institutions, and international banking relationships. The Retail and Private Banking segment provides various products and services to individuals, as well as customized banking services to high net worth individuals. The Corporate Banking segment offers banking services and investment products to corporates, such as commodity and real estate murabaha finance, local leasing, wakala, and istisna'a facilities. The Investment segment manages direct equity and real estate investments. The company provides current, alrabeh, saving, wakala, gold, and baiti accounts; investment deposits; debit and credit cards; and installment, consumer, car, and other finances, as well as related services. It also offers foreign exchange, and letter of guarantees, as well as services for purchasing machinery and equipment. In addition, the company is involved in the provision of real estate development, leasing, trading, and management services; computer maintenance, consultancy, and software services; healthcare services; equity investments; underwriting, management, arrangement, advisory, and custody services; and auto leasing and insurance services, as well as trading, import, and export of used cars. It provides its products and services through approximately 526 branches and 1,733 ATMs. The company was incorporated in 1977 and is headquartered in Kuwait City, Kuwait.
Kuwait Finance House Dividend Announcement
• Kuwait Finance House announced a semi annually dividend of د.ك0.01 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-08-12
• Kuwait Finance House annual dividend for 2024 was د.ك0.02
• Kuwait Finance House annual dividend for 2023 was د.ك0.03
• Kuwait Finance House's trailing twelve-month (TTM) dividend yield is 2.59%
• Kuwait Finance House's payout ratio for the trailing twelve months (TTM) is 49.83%
• Kuwait Finance House's dividend growth over the last five years (2018-2023) was 10.03% year
• Kuwait Finance House's dividend growth over the last ten years (2013-2023) was 10.63% year
Kuwait Finance House Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | د.ك0.01 | semi annually | 2024-08-19 |
2024-04-07 | د.ك0.01 | semi annually | 2024-04-17 |
2023-08-14 | د.ك0.01 | semi annually | 2023-08-21 |
2023-04-04 | د.ك0.01 | semi annually | 2023-04-11 |
2022-04-05 | د.ك0.01 | semi annually | 2022-04-12 |
2021-04-06 | د.ك0.01 | semi annually | 2021-04-13 |
2020-04-27 | د.ك0.02 | semi annually | 2020-05-04 |
2019-04-08 | د.ك0.03 | semi annually | 2019-04-10 |
2018-04-03 | د.ك0.02 | semi annually | 2018-04-10 |
2017-03-21 | د.ك0.02 | semi annually | 2017-03-26 |
2016-03-22 | د.ك0.02 | semi annually | |
2015-03-17 | د.ك0.01 | semi annually | |
2014-03-24 | د.ك0.01 | semi annually | |
2013-04-08 | د.ك0.01 | semi annually |
Kuwait Finance House Dividend per year
Kuwait Finance House Dividend growth
Kuwait Finance House Dividend Yield
Kuwait Finance House current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing Kuwait Finance House stock? Use our calculator to estimate your expected dividend yield:
Kuwait Finance House Financial Ratios
Kuwait Finance House Dividend FAQ
Other factors to consider when evaluating Kuwait Finance House 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: Kuwait Finance House'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, Kuwait Finance House 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, Kuwait Finance House 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 Kuwait Finance House 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: Kuwait Finance House 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, Kuwait Finance House distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kuwait Finance House 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 Kuwait Finance House'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 Kuwait Finance House'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.