Retal Urban Development Company engages in the construction, development, sale, rental, brokerage, management, and maintenance of real estate properties in the Kingdom of Saudi Arabia. Its portfolio includes residential and non-residential buildings, including schools, hospitals, hotels, restaurants, central markets, residential compounds, and commercial and industrial complexes. The company also engages in the provision of general contracting services for residential, commercial, public, educational, recreational, medical, airport, and precast buildings; and construction of roads, dams, tunnels, sewerage, air conditioning, and refrigeration projects, as well as electrical, mechanical, digging, and renovating related works. In addition, it is involved in the management and operation of factories, shopping malls, industrial, and infrastructure construction projects; operation and maintenance of buildings, gardens, parks, and sports facilities; and purchase, sale, and subdivision of land and investment properties; and general cleaning activities. The company was founded in 2012 and is headquartered in Al-Khobar, Saudi Arabia. Retal Urban Development Company is a subsidiary of Al Fozan Holding Company.
Retal Urban Development Dividend Announcement
• Retal Urban Development announced a semi annually dividend of ر.س0.16 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-29
• Retal Urban Development annual dividend for 2024 was ر.س0.32
• Retal Urban Development annual dividend for 2023 was ر.س24.16
• Retal Urban Development's trailing twelve-month (TTM) dividend yield is 2.04%
• Retal Urban Development's payout ratio for the trailing twelve months (TTM) is 69.31%
Retal Urban Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-29 | ر.س0.16 | semi annually | 2024-10-10 |
2024-05-06 | ر.س0.16 | semi annually | 2024-05-16 |
2023-10-01 | ر.س0.16 | semi annually | 2023-10-10 |
2023-05-03 | ر.س24.00 | semi annually | 2023-05-11 |
2022-10-02 | ر.س1.60 | semi annually | 2022-10-12 |
Retal Urban Development Dividend per year
Retal Urban Development Dividend growth
Retal Urban Development Dividend Yield
Retal Urban Development current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing Retal Urban Development stock? Use our calculator to estimate your expected dividend yield:
Retal Urban Development Financial Ratios
Retal Urban Development Dividend FAQ
Other factors to consider when evaluating Retal Urban Development 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: Retal Urban Development'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, Retal Urban Development 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, Retal Urban Development 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 Retal Urban Development 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: Retal Urban Development 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, Retal Urban Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Retal Urban Development 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 Retal Urban Development'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 Retal Urban Development'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.