Mouwasat Medical Services Company acquires, manages, operates, and maintains hospitals, medical centers, drug stores, and pharmacies in the Kingdom of Saudi Arabia. It operates a network of hospitals in Dammam, Jubail, Madinah, Khobar, Qatif, and Riyadh that provides a range of medical services. The company also operates skin care centers, which offer laser, cosmetic dermatological, reconstructive surgery, beauty, clinical dermatology, plastic surgery, weight loss, and other medical cosmetic services; a fertility center; and a clinic for bariatric surgery. In addition, it offers a cardiology center for diagnosing and treating cardiac diseases; the stroke unit to diagnose and treat stroke; and a unit that takes care for patients suffering from diabetes and diabetic foot, as well as the long-term care and rehabilitation services. Further, the company is involved in the wholesale of medical equipment and drugs. Mouwasat Medical Services Company was founded in 1974 and is based in Dammam, the Kingdom of Saudi Arabia.
Mouwasat Medical Services Dividend Announcement
• Mouwasat Medical Services announced a annually dividend of ر.س1.75 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-05-27
• Mouwasat Medical Services annual dividend for 2024 was ر.س1.75
• Mouwasat Medical Services annual dividend for 2023 was ر.س3.00
• Mouwasat Medical Services's trailing twelve-month (TTM) dividend yield is 1.9%
• Mouwasat Medical Services's payout ratio for the trailing twelve months (TTM) is 53.18%
• Mouwasat Medical Services's dividend growth over the last ten years (2013-2023) was 7.18% year
Mouwasat Medical Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-27 | ر.س1.75 | annually | 2024-06-06 |
2023-05-07 | ر.س3.00 | annually | 2023-05-17 |
2022-05-09 | ر.س2.75 | annually | 2022-05-19 |
2021-04-29 | ر.س2.50 | annually | 2021-05-09 |
2020-04-22 | ر.س2.00 | annually | 2020-05-06 |
2019-04-22 | ر.س1.75 | annually | 2019-05-05 |
2018-05-02 | ر.س3.00 | annually | 2018-05-14 |
2017-04-24 | ر.س2.50 | annually | 2017-05-07 |
2016-04-04 | ر.س2.00 | annually | 2016-04-25 |
2015-04-01 | ر.س2.00 | annually | 2015-04-20 |
2014-04-02 | ر.س2.00 | annually | 2014-04-20 |
2013-04-02 | ر.س1.50 | annually | 2013-04-20 |
Mouwasat Medical Services Dividend per year
Mouwasat Medical Services Dividend growth
Mouwasat Medical Services Dividend Yield
Mouwasat Medical Services current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Mouwasat Medical Services stock? Use our calculator to estimate your expected dividend yield:
Mouwasat Medical Services Financial Ratios
Mouwasat Medical Services Dividend FAQ
Other factors to consider when evaluating Mouwasat Medical Services 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: Mouwasat Medical Services'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, Mouwasat Medical Services 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, Mouwasat Medical Services 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 Mouwasat Medical Services 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: Mouwasat Medical Services 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, Mouwasat Medical Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mouwasat Medical Services 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 Mouwasat Medical Services'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 Mouwasat Medical Services'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.