Qatar Fuel Company Q.P.S.C.("WOQOD"), together with its subsidiaries, sells, markets, and distributes oil, gas, and refined petroleum products in Qatar. It distributes gasoline and aviation fuels; operates 111 petrol stations, as well as convenience store under the SIDRA name; supplies bulk fuels; and offers ship -to- ship fuels bunkering services. The company also provides auto care services, such as oil change, brakes and mechanical works, tire rotation and wheel alignment, car accessories and spare parts, batteries and electrical works, manual wash, auto car wash, minor repairs, etc. In addition, it offers commercial LPG to restaurants, bakeries, catering businesses, and hotel owners; compressed natural gas; and industrial LPG. Further, the company produces bituminous products, including polymer modified bitumen, cutbacks, and emulsions. The company was founded in 2002 and is headquartered in Doha, Qatar.
Qatar Fuel Dividend Announcement
• Qatar Fuel announced a semi annually dividend of ر.ق0.40 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-08-12
• Qatar Fuel annual dividend for 2024 was ر.ق1.30
• Qatar Fuel annual dividend for 2023 was ر.ق0.90
• Qatar Fuel's trailing twelve-month (TTM) dividend yield is 8.7%
• Qatar Fuel's payout ratio for the trailing twelve months (TTM) is 123.85%
• Qatar Fuel's dividend growth over the last five years (2018-2023) was -35.40% year
• Qatar Fuel's dividend growth over the last ten years (2013-2023) was -21.40% year
Qatar Fuel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | ر.ق0.40 | semi annually | 2024-08-12 |
2024-02-19 | ر.ق0.90 | semi annually | |
2023-02-16 | ر.ق0.90 | semi annually | 2023-11-12 |
2022-02-28 | ر.ق0.76 | semi annually | 2022-05-01 |
2021-03-09 | ر.ق0.46 | semi annually | 2021-05-01 |
2020-04-23 | ر.ق0.80 | semi annually | 2020-05-01 |
2020-03-19 | ر.ق0.80 | semi annually | |
2019-03-26 | ر.ق8.00 | semi annually | 2019-04-01 |
2018-03-26 | ر.ق8.00 | semi annually | 2018-04-01 |
2017-03-07 | ر.ق7.63 | semi annually | 2017-04-01 |
2016-03-08 | ر.ق8.86 | semi annually | |
2015-03-16 | ر.ق9.00 | semi annually | |
2014-03-05 | ر.ق10.00 | semi annually | |
2013-03-14 | ر.ق10.00 | semi annually |
Qatar Fuel Dividend per year
Qatar Fuel Dividend growth
Qatar Fuel Dividend Yield
Qatar Fuel current trailing twelve-month (TTM) dividend yield is 8.7%. Interested in purchasing Qatar Fuel stock? Use our calculator to estimate your expected dividend yield:
Qatar Fuel Financial Ratios
Qatar Fuel Dividend FAQ
Other factors to consider when evaluating Qatar Fuel 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: Qatar Fuel'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, Qatar Fuel 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, Qatar Fuel 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 Qatar Fuel 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: Qatar Fuel 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, Qatar Fuel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qatar Fuel 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 Qatar Fuel'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 Qatar Fuel'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.