Natural Gas Distribution Company distributes natural gas through pipelines in Saudi Arabia. It also operates, maintains, and repairs pipes and gas pipelines. The company serves factories located in the second industrial city in Riyadh with dry gas. Natural Gas Distribution Company was founded in 2000 and is based in Riyadh, Saudi Arabia.
Natural Gas Distribution Dividend Announcement
• Natural Gas Distribution announced a annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-01 • Natural Gas Distribution annual dividend for 2024 was ر.س0.50 • Natural Gas Distribution annual dividend for 2023 was ر.س0.50 • Natural Gas Distribution's trailing twelve-month (TTM) dividend yield is 0.81%
Natural Gas Distribution current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Natural Gas Distribution stock? Use our calculator to estimate your expected dividend yield:
Natural Gas Distribution Financial Ratios
P/E ratio68.91
PEG ratio1.74
P/B ratio5.40
ROE7.76%
Payout ratio0.00%
Current ratio1.07
Quick ratio1.06
Cash Ratio0.48
Natural Gas Distribution Dividend FAQ
How much is the next Natural Gas Distribution dividend?
Natural Gas Distribution's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Natural Gas Distribution dividend. The next Natural Gas Distribution dividend will be released in June.
When is Natural Gas Distribution dividend paid?
Natural Gas Distribution pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Natural Gas Distribution pay?
The specific amount of Natural Gas Distribution dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Natural Gas Distribution's dividend history.
Does Natural Gas Distribution stock pay dividends?
Yes, Natural Gas Distribution does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Natural Gas Distribution's dividend history.
How much dividend does Natural Gas Distribution pay?
Natural Gas Distribution paid ر.س0.5 in 2024, ر.س0.5 in 2023, ر.س0.5 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Natural Gas Distribution pay dividends?
Natural Gas Distribution typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Natural Gas Distribution's dividend yield?
The current dividend yield for Natural Gas Distribution is 0.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Natural Gas Distribution's exact dividend yield.
When does Natural Gas Distribution go ex dividend?
Natural Gas Distribution's ex-dividend date for the latest dividend was on 2024-07-01. Natural Gas Distribution typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Natural Gas Distribution dividend paid?
Natural Gas Distribution pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Natural Gas Distribution increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Natural Gas Distribution will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Natural Gas Distribution dividend per share?
Natural Gas Distribution paid ر.س0.5 per share in 2024 and ر.س0.5 per share in 2023. The amount of dividend per share that Natural Gas Distribution pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Natural Gas Distribution a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Natural Gas Distribution a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Natural Gas Distribution a dividend stock?
Yes, Natural Gas Distribution is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Natural Gas Distribution a good dividend stock?
Whether Natural Gas Distribution is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Natural Gas Distribution has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Natural Gas Distribution 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.
Does Natural Gas Distribution pay dividends monthly?
Natural Gas Distribution typically pays dividends on a annually basis.
Does Natural Gas Distribution pay dividends quarterly?
Natural Gas Distribution currently pays dividends on a annually basis.
Has Natural Gas Distribution ever paid a dividend?
Yes, Natural Gas Distribution has a history of paying dividends to its shareholders. Natural Gas Distribution is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Natural Gas Distribution dividend stocks?
To buy Natural Gas Distribution you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Natural Gas Distribution stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Natural Gas Distribution pay dividends 2024?
Natural Gas Distribution pays dividends on a annually basis. 2024 dividend payments are in 2024-07-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Natural Gas Distribution increase its dividend in 2024?
Decisions regarding Natural Gas Distribution dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Natural Gas Distribution dividend overview you can look into the above table of dividend history.
How Natural Gas Distribution dividend works?
The Natural Gas Distribution dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Natural Gas Distribution's dividend process works:
1. Determination of Dividend: Natural Gas Distribution'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, Natural Gas Distribution 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, Natural Gas Distribution 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 Natural Gas Distribution 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.
How are Natural Gas Distribution dividends paid?
Natural Gas Distribution dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Natural Gas Distribution 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, Natural Gas Distribution distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Natural Gas Distribution 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.
How many times does Natural Gas Distribution pay dividends?
Natural Gas Distribution typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Natural Gas Distribution pay dividends?
The general pattern is that Natural Gas Distribution pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Natural Gas Distribution dividend safe?
The safety of Natural Gas Distribution's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Natural Gas Distribution'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 Natural Gas Distribution'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.