Mesaieed Petrochemical Holding Company Q.P.S.C., through its subsidiaries, engages in the manufacture and sale of petrochemical products in Qatar, the Middle East, Asia, Africa, Indian sub-continent, and Europe. The company operates through two segments, Petrochemicals and Chlor-Alkali. It also produces ethylene, polyolefins, 1-hexene, C4+, polyethylene, normal alpha olefins, pyrolysis gasoline, C3 and C4, caustic soda, ethylene dichloride, vinyl chloride monomer, and hydrochloric acid. The company was incorporated in 2013 and is headquartered in Doha, Qatar. Mesaieed Petrochemical Holding Company Q.P.S.C. is a subsidiary of QatarEnergy.
Mesaieed Petrochemical Dividend Announcement
• Mesaieed Petrochemical announced a semi annually dividend of ر.ق0.03 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-08-21
• Mesaieed Petrochemical annual dividend for 2024 was ر.ق0.11
• Mesaieed Petrochemical annual dividend for 2023 was ر.ق0.11
• Mesaieed Petrochemical's trailing twelve-month (TTM) dividend yield is 7.21%
• Mesaieed Petrochemical's payout ratio for the trailing twelve months (TTM) is 196.95%
• Mesaieed Petrochemical's dividend growth over the last five years (2018-2023) was -30.93% year
Mesaieed Petrochemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ر.ق0.03 | semi annually | 2024-09-01 |
2024-03-06 | ر.ق0.09 | semi annually | |
2023-03-13 | ر.ق0.11 | semi annually | 2023-04-01 |
2022-03-16 | ر.ق0.11 | semi annually | 2022-05-01 |
2021-03-25 | ر.ق0.04 | semi annually | 2021-05-01 |
2020-03-12 | ر.ق0.07 | semi annually | 2020-05-01 |
2019-03-13 | ر.ق0.80 | semi annually | 2019-05-01 |
2018-03-07 | ر.ق0.70 | semi annually | 2018-05-01 |
2017-03-07 | ر.ق0.60 | semi annually | 2017-05-01 |
2016-03-10 | ر.ق0.70 | semi annually | |
2015-02-17 | ر.ق1.10 | semi annually | |
2014-04-10 | ر.ق0.35 | semi annually |
Mesaieed Petrochemical Dividend per year
Mesaieed Petrochemical Dividend growth
Mesaieed Petrochemical Dividend Yield
Mesaieed Petrochemical current trailing twelve-month (TTM) dividend yield is 7.21%. Interested in purchasing Mesaieed Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Mesaieed Petrochemical Financial Ratios
Mesaieed Petrochemical Dividend FAQ
Other factors to consider when evaluating Mesaieed Petrochemical 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: Mesaieed Petrochemical'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, Mesaieed Petrochemical 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, Mesaieed Petrochemical 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 Mesaieed Petrochemical 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: Mesaieed Petrochemical 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, Mesaieed Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mesaieed Petrochemical 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 Mesaieed Petrochemical'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 Mesaieed Petrochemical'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.