National Gas & Industerialization Co. engages in the transportation, filling, and marketing of liquefied petroleum gas primarily in Saudi Arabia. The company's products include underground and ground surface gas tanks; gas and fiber cylinders; gas cylinder and tank regulators; and liquid gas. It also provides installation, refill, and maintenance services; and manufactures, transfers, and markets petroleum products, chemicals, glass, and auto parts, as well as markets cylinders, empty tanks, related spare parts, and tank transportation equipment. In addition, the company is involved in the operation of equipment service centers; and the establishment and maintenance of petroleum equipment and vehicles. Its gases are also used for residential, industrial, agricultural, and commercial purposes. National Gas & Industerialization Co. was incorporated in 1963 and is based in Riyadh, Saudi Arabia.
National Gas & Industerialization Dividend Announcement
• National Gas & Industerialization announced a quarterly dividend of ر.س1.10 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-08
• National Gas & Industerialization annual dividend for 2024 was ر.س2.10
• National Gas & Industerialization annual dividend for 2023 was ر.س1.00
• National Gas & Industerialization's trailing twelve-month (TTM) dividend yield is 1.98%
• National Gas & Industerialization's payout ratio for the trailing twelve months (TTM) is 63.54%
National Gas & Industerialization Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-08 | ر.س1.10 | quarterly | 2024-07-22 |
2024-01-15 | ر.س1.00 | quarterly | 2024-01-28 |
2023-07-06 | ر.س1.00 | quarterly | 2023-07-19 |
2022-12-18 | ر.س1.00 | quarterly | 2022-12-27 |
2022-09-18 | ر.س0.85 | quarterly | 2022-09-29 |
2022-04-12 | ر.س0.75 | quarterly | 2022-04-24 |
2021-09-14 | ر.س0.75 | quarterly | 2021-09-27 |
2021-06-23 | ر.س0.50 | quarterly | 2021-07-06 |
2021-06-16 | ر.س0.50 | quarterly | |
2019-12-10 | ر.س0.23 | quarterly | 2019-12-19 |
2019-10-15 | ر.س0.23 | quarterly | 2019-10-24 |
2019-08-19 | ر.س0.23 | quarterly | 2019-08-29 |
2019-05-16 | ر.س0.23 | quarterly | 2019-06-01 |
2018-12-10 | ر.س0.40 | quarterly | 2018-12-19 |
2018-10-15 | ر.س0.40 | quarterly | 2018-10-24 |
2018-08-02 | ر.س0.40 | quarterly | 2018-08-12 |
2018-05-16 | ر.س0.40 | quarterly | 2018-05-27 |
2017-12-18 | ر.س0.35 | quarterly | 2017-12-28 |
2017-11-06 | ر.س0.35 | quarterly | 2017-11-19 |
2017-07-31 | ر.س0.35 | quarterly | 2017-08-10 |
2017-05-08 | ر.س0.35 | quarterly | 2017-05-22 |
2017-02-15 | ر.س0.35 | quarterly | 2017-02-28 |
2016-10-02 | ر.س0.30 | quarterly | |
2016-06-21 | ر.س0.30 | quarterly | |
2016-04-10 | ر.س0.30 | quarterly | |
2015-12-21 | ر.س0.35 | quarterly | |
2015-10-05 | ر.س0.35 | quarterly | |
2015-07-01 | ر.س0.35 | quarterly | |
2015-04-01 | ر.س0.35 | quarterly | |
2014-12-22 | ر.س0.55 | quarterly | |
2014-07-08 | ر.س0.40 | quarterly | |
2014-04-01 | ر.س0.40 | quarterly | |
2013-12-24 | ر.س1.00 | quarterly | |
2013-09-10 | ر.س0.75 | quarterly | |
2013-03-31 | ر.س1.00 | quarterly | |
2012-03-27 | ر.س1.00 | quarterly |
National Gas & Industerialization Dividend per year
National Gas & Industerialization Dividend growth
National Gas & Industerialization Dividend Yield
National Gas & Industerialization current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing National Gas & Industerialization stock? Use our calculator to estimate your expected dividend yield:
National Gas & Industerialization Financial Ratios
National Gas & Industerialization Dividend FAQ
Other factors to consider when evaluating National Gas & Industerialization 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 Gas & Industerialization'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 Gas & Industerialization 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 Gas & Industerialization 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 Gas & Industerialization 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 Gas & Industerialization 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 Gas & Industerialization 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 Gas & Industerialization 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 Gas & Industerialization'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 Gas & Industerialization'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.