Mobile Telecommunications Company K.S.C.P., together with its subsidiaries, provides mobile telecommunication services. It operates, purchases, delivers, installs, manages, and maintains mobile telephone systems. The company also offers smart bundles and mobility, voice over IP, and Internet of things solutions, as well as hosted managed, managed security, and cloud connect services. In addition, it invests in investment securities. It operates in Kuwait, Jordan, Sudan, Iraq, Bahrain, the Kingdom of Saudi Arabia, Lebanon, and South Sudan. The company was founded in 1983 and is headquartered in Kuwait City, Kuwait. Mobile Telecommunications Company K.S.C.P. is a subsidiary of Oman Telecommunications Company SAOG.
Mobile Telecommunications K.S.C.P. Dividend Announcement
• Mobile Telecommunications K.S.C.P. announced a semi annually dividend of د.ك0.01 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-09-29
• Mobile Telecommunications K.S.C.P. annual dividend for 2024 was د.ك0.04
• Mobile Telecommunications K.S.C.P. annual dividend for 2023 was د.ك0.04
• Mobile Telecommunications K.S.C.P.'s trailing twelve-month (TTM) dividend yield is 7.51%
• Mobile Telecommunications K.S.C.P.'s payout ratio for the trailing twelve months (TTM) is 64.64%
• Mobile Telecommunications K.S.C.P.'s dividend growth over the last ten years (2013-2023) was -3.50% year
Mobile Telecommunications K.S.C.P. Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-29 | د.ك0.01 | semi annually | 2024-10-06 |
2024-05-21 | د.ك0.03 | semi annually | 2024-05-29 |
2023-09-06 | د.ك0.01 | semi annually | 2023-09-14 |
2023-05-03 | د.ك0.03 | semi annually | 2023-05-16 |
2022-09-05 | د.ك0.01 | semi annually | 2022-09-14 |
2022-04-04 | د.ك0.02 | semi annually | 2022-04-13 |
2021-10-28 | د.ك0.01 | semi annually | |
2021-10-25 | د.ك0.01 | semi annually | 2021-11-02 |
2021-03-30 | د.ك0.03 | semi annually | 2021-04-07 |
2020-04-01 | د.ك0.03 | semi annually | 2020-04-09 |
2019-04-01 | د.ك0.03 | semi annually | 2019-04-10 |
2018-04-09 | د.ك0.04 | semi annually | 2018-04-17 |
2017-03-13 | د.ك0.04 | semi annually | |
2016-03-24 | د.ك0.03 | semi annually | |
2015-03-01 | د.ك0.04 | semi annually | |
2014-02-23 | د.ك0.05 | semi annually | |
2013-04-08 | د.ك0.05 | semi annually |
Mobile Telecommunications K.S.C.P. Dividend per year
Mobile Telecommunications K.S.C.P. Dividend growth
Mobile Telecommunications K.S.C.P. Dividend Yield
Mobile Telecommunications K.S.C.P. current trailing twelve-month (TTM) dividend yield is 7.51%. Interested in purchasing Mobile Telecommunications K.S.C.P. stock? Use our calculator to estimate your expected dividend yield:
Mobile Telecommunications K.S.C.P. Financial Ratios
Mobile Telecommunications K.S.C.P. Dividend FAQ
Other factors to consider when evaluating Mobile Telecommunications K.S.C.P. 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: Mobile Telecommunications K.S.C.P.'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, Mobile Telecommunications K.S.C.P. 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, Mobile Telecommunications K.S.C.P. 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 Mobile Telecommunications K.S.C.P. 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: Mobile Telecommunications K.S.C.P. 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, Mobile Telecommunications K.S.C.P. distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mobile Telecommunications K.S.C.P. 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 Mobile Telecommunications K.S.C.P.'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 Mobile Telecommunications K.S.C.P.'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.