Northern Region Cement Company engages in the production and sale of Portland cement in Saudi Arabia and The Hashemite Kingdom of Jordan. It provides white Portland cement for precast, concrete structural, and architectural construction purposes; and white Portland limestone cement for decorative concrete products and tiles. The company also offers ordinary Portland cement that is used for pavements, floors, concrete buildings, bridges, railway structures, warehouses, tanks, water pipes, and construction units; sulfate resistant grey Portland cement for use in concrete exposed to high sulfur reactions; and oil well cement. In addition, it provides cement for fountains and swimming pools work, concrete support, and other applications. Northern Region Cement Company was founded in 2006 and is based in Riyadh, Saudi Arabia.
Northern Region Cement Dividend Announcement
• Northern Region Cement announced a semi annually dividend of ر.س0.25 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-12-01
• Northern Region Cement annual dividend for 2024 was ر.س0.50
• Northern Region Cement annual dividend for 2023 was ر.س0.25
• Northern Region Cement's trailing twelve-month (TTM) dividend yield is 2.79%
• Northern Region Cement's payout ratio for the trailing twelve months (TTM) is 61.15%
Northern Region Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-01 | ر.س0.25 | semi annually | 2024-12-12 |
2024-03-31 | ر.س0.25 | semi annually | 2024-04-24 |
2023-05-31 | ر.س0.25 | semi annually | 2023-06-15 |
2022-10-09 | ر.س0.25 | semi annually | 2022-10-23 |
2022-04-10 | ر.س0.25 | semi annually | 2022-04-20 |
2021-08-10 | ر.س0.25 | semi annually | 2021-08-24 |
2021-03-14 | ر.س0.25 | semi annually | 2021-03-28 |
2020-09-03 | ر.س0.25 | semi annually | 2020-09-27 |
2016-08-14 | ر.س0.45 | semi annually | 2016-08-28 |
2016-03-16 | ر.س0.50 | semi annually | 2016-04-14 |
2016-03-10 | ر.س0.50 | semi annually | |
2015-07-30 | ر.س0.60 | semi annually | 2015-08-31 |
2015-04-05 | ر.س0.90 | semi annually | 2015-04-27 |
2014-09-22 | ر.س1.00 | semi annually | 2014-09-29 |
2014-03-13 | ر.س1.00 | semi annually | 2014-03-30 |
2013-07-31 | ر.س1.00 | semi annually | 2013-08-26 |
2013-04-13 | ر.س0.70 | semi annually | 2013-05-04 |
Northern Region Cement Dividend per year
Northern Region Cement Dividend growth
Northern Region Cement Dividend Yield
Northern Region Cement current trailing twelve-month (TTM) dividend yield is 2.79%. Interested in purchasing Northern Region Cement stock? Use our calculator to estimate your expected dividend yield:
Northern Region Cement Financial Ratios
Northern Region Cement Dividend FAQ
Other factors to consider when evaluating Northern Region Cement 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: Northern Region Cement'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, Northern Region Cement 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, Northern Region Cement 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 Northern Region Cement 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: Northern Region Cement 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, Northern Region Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Northern Region Cement 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 Northern Region Cement'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 Northern Region Cement'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.