National Central Cooling Company PJSC, together with its subsidiaries, engages in the provision of cooling solutions in the United Arab Emirates and internationally. It operates in two segments, Chilled Water and Value Chain Business. The company constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems; and distributes and sells chilled water for use in district cooling technologies, as well as operates and maintains plants. It constructs secondary networks; manufactures pre-insulated pipes; sells chilled water related products; and offers building energy efficiency services. In addition, the company provides commissioning and engineering, water treatment, and design and supervision consultancy services, as well as engages in billing and collection of chilled water charges. National Central Cooling Company PJSC was incorporated in 1998 and is headquartered in Abu Dhabi, the United Arab Emirates.
National Central Cooling Dividend Announcement
• National Central Cooling announced a annually dividend of د.إ0.15 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• National Central Cooling annual dividend for 2024 was د.إ0.15
• National Central Cooling annual dividend for 2023 was د.إ0.14
• National Central Cooling's trailing twelve-month (TTM) dividend yield is 4.77%
• National Central Cooling's payout ratio for the trailing twelve months (TTM) is 140.55%
• National Central Cooling's dividend growth over the last five years (2018-2023) was 12.07% year
• National Central Cooling's dividend growth over the last ten years (2013-2023) was 10.96% year
National Central Cooling Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | د.إ0.15 | annually | |
2023-03-29 | د.إ0.14 | annually | 2023-04-01 |
2022-03-30 | د.إ0.06 | annually | 2022-04-06 |
2021-03-30 | د.إ0.06 | annually | 2021-04-01 |
2020-03-24 | د.إ0.10 | annually | 2020-04-12 |
2019-03-14 | د.إ0.09 | annually | 2019-04-04 |
2018-03-15 | د.إ0.08 | annually | 2018-04-15 |
2017-03-15 | د.إ0.06 | annually | 2017-04-03 |
2016-03-10 | د.إ0.06 | annually | |
2015-03-19 | د.إ0.05 | annually | |
2014-04-02 | د.إ0.05 | annually | |
2014-03-27 | د.إ0.05 | annually | |
2013-04-25 | د.إ0.05 | annually |
National Central Cooling Dividend per year
National Central Cooling Dividend growth
National Central Cooling Dividend Yield
National Central Cooling current trailing twelve-month (TTM) dividend yield is 4.77%. Interested in purchasing National Central Cooling stock? Use our calculator to estimate your expected dividend yield:
National Central Cooling Financial Ratios
National Central Cooling Dividend FAQ
Other factors to consider when evaluating National Central Cooling 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: National Central Cooling'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, National Central Cooling 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, National Central Cooling 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 National Central Cooling 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: National Central Cooling 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, National Central Cooling distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National Central Cooling 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 National Central Cooling'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 National Central Cooling'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.