Middle East Financial Investment Company operates as a financial services company in the Kingdom of Saudi Arabia. It operates through Corporate; Asset management; Real Estate; and Private Equity and Investment Banking segments. The company provides wealth management and strategic advisory services, as well as business insights. It also manages various investments comprising public equity, fixed income, and money market investments; and offers open end Shariah compliant mutual funds, and open funds, as well as discretionary portfolio management product suite. In addition, the company provides financial advisory services for various equity transactions, including initial public offerings, right issues, mergers and acquisitions, and private placements; and private equity funds. Further, it offers services and solutions in the field of real estate investments across various segments, such as residential, retail, office, and hospitality and student accommodation; and corporate finance and advisory, and custody services. The company serves high net worth and other individuals, corporates, and institutions. Middle East Financial Investment Company was incorporated in 2007 and is based in Riyadh, the Kingdom of Saudi Arabia.
Middle East Financial Investment Dividend Announcement
• Middle East Financial Investment announced a quarterly dividend of ر.س0.08 per ordinary share which will be made payable on 2024-03-12. Ex dividend date: 2024-02-13
• Middle East Financial Investment annual dividend for 2024 was ر.س0.08
• Middle East Financial Investment's trailing twelve-month (TTM) dividend yield is 1.95%
• Middle East Financial Investment's payout ratio for the trailing twelve months (TTM) is -25.50%
Middle East Financial Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-13 | ر.س0.08 | quarterly | 2024-03-12 |
2022-10-13 | ر.س0.05 | quarterly | 2022-11-17 |
2022-04-19 | ر.س0.10 | quarterly | |
2022-04-14 | ر.س0.10 | quarterly | 2022-05-23 |
2021-10-14 | ر.س0.05 | quarterly | 2021-11-11 |
2021-04-15 | ر.س0.15 | quarterly | 2021-05-06 |
2020-04-07 | ر.س0.25 | quarterly | 2020-04-21 |
2019-07-25 | ر.س0.38 | quarterly | 2019-08-29 |
Middle East Financial Investment Dividend per year
Middle East Financial Investment Dividend growth
Middle East Financial Investment Dividend Yield
Middle East Financial Investment current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing Middle East Financial Investment stock? Use our calculator to estimate your expected dividend yield:
Middle East Financial Investment Financial Ratios
Middle East Financial Investment Dividend FAQ
Other factors to consider when evaluating Middle East Financial Investment 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: Middle East Financial Investment'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, Middle East Financial Investment 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, Middle East Financial Investment 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 Middle East Financial Investment 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: Middle East Financial Investment 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, Middle East Financial Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Middle East Financial Investment 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 Middle East Financial Investment'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 Middle East Financial Investment'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.