The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo in the Kingdom of Saudi Arabia. The company operates through Transportation of Oil, Transportation of Chemicals, Logistics, and Transportation of Dry Bulk segments. It transports crude oil, petrochemical products, and liquified petroleum gas; provides technical ship management and logistics services; and packs and stores grain. The company also engages in agency activities for maritime shipping companies; cargo clearance and coordination for transport and storage on-board vessels; and other marine transport activities. In addition, it owns lands and properties; and owns shares in other companies. As of December 31, 2021, the company owned and operated 90 vessels, which included 47 crude carriers; 28 chemical tankers; 6 RoCon vessels; and 9 dry bulk carriers. The National Shipping Company of Saudi Arabia was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
National Shipping ofudi Arabia Dividend Announcement
• National Shipping ofudi Arabia announced a annually dividend of ر.س0.55 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-06-04
• National Shipping ofudi Arabia annual dividend for 2024 was ر.س0.55
• National Shipping ofudi Arabia annual dividend for 2023 was ر.س0.50
• National Shipping ofudi Arabia's trailing twelve-month (TTM) dividend yield is 1.99%
• National Shipping ofudi Arabia's payout ratio for the trailing twelve months (TTM) is 19.37%
National Shipping ofudi Arabia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-04 | ر.س0.55 | annually | 2024-07-01 |
2023-06-19 | ر.س0.50 | annually | 2023-07-16 |
2021-10-05 | ر.س1.00 | annually | 2021-10-24 |
2021-04-26 | ر.س1.00 | annually | 2021-05-09 |
2020-10-05 | ر.س1.00 | annually | 2020-10-22 |
2020-04-20 | ر.س1.00 | annually | 2020-05-10 |
2019-10-13 | ر.س0.50 | annually | 2019-10-31 |
2019-04-14 | ر.س1.50 | annually | 2019-04-28 |
2018-04-17 | ر.س1.50 | annually | 2018-05-03 |
2017-01-16 | ر.س2.50 | annually | 2017-01-31 |
2016-04-06 | ر.س2.50 | annually | 2016-04-21 |
2015-04-01 | ر.س1.00 | annually | 2015-04-15 |
2014-03-31 | ر.س1.00 | annually | 2014-04-15 |
2012-04-22 | ر.س0.50 | annually | 2012-05-09 |
2011-03-29 | ر.س1.00 | annually | 2011-04-13 |
National Shipping ofudi Arabia Dividend per year
National Shipping ofudi Arabia Dividend growth
National Shipping ofudi Arabia Dividend Yield
National Shipping ofudi Arabia current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing National Shipping ofudi Arabia stock? Use our calculator to estimate your expected dividend yield:
National Shipping ofudi Arabia Financial Ratios
National Shipping ofudi Arabia Dividend FAQ
Other factors to consider when evaluating National Shipping ofudi Arabia 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 Shipping ofudi Arabia'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 Shipping ofudi Arabia 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 Shipping ofudi Arabia 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 Shipping ofudi Arabia 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 Shipping ofudi Arabia 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 Shipping ofudi Arabia 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 Shipping ofudi Arabia 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 Shipping ofudi Arabia'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 Shipping ofudi Arabia'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.