SABIC Agri-Nutrients Company engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients products in Saudi Arabia. The company operates in two segments, Petrochemicals and Agri-nutrients. It offers urea; ammonia; methanol; phosphate and compound fertilizers; and nitrogen-based inorganic products, including DAP, MAP, 2-ethyl hexanol, dioctyl phthalate, and other products. The company was formerly known as Saudi Arabian Fertilizers Company. SABIC Agri-Nutrients Company was incorporated in 1965 and is headquartered in Al Jubaila, Saudi Arabia. SABIC Agri-Nutrients Company operates as a subsidiary of Saudi Basic Industries Corporation.
SABICri-Nutrients Dividend Announcement
• SABICri-Nutrients announced a semi annually dividend of ر.س3.00 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-04
• SABICri-Nutrients annual dividend for 2024 was ر.س6.00
• SABICri-Nutrients annual dividend for 2023 was ر.س11.00
• SABICri-Nutrients's trailing twelve-month (TTM) dividend yield is 5.38%
• SABICri-Nutrients's payout ratio for the trailing twelve months (TTM) is 85.42%
• SABICri-Nutrients's dividend growth over the last five years (2018-2023) was 40.63% year
• SABICri-Nutrients's dividend growth over the last ten years (2013-2023) was -0.87% year
SABICri-Nutrients Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ر.س3.00 | semi annually | 2024-07-22 |
2024-02-08 | ر.س3.00 | semi annually | |
2023-07-17 | ر.س3.00 | semi annually | 2023-07-31 |
2023-03-27 | ر.س8.00 | semi annually | 2023-04-13 |
2022-07-18 | ر.س4.00 | semi annually | 2022-08-01 |
2022-04-14 | ر.س3.00 | semi annually | 2022-04-27 |
2021-07-01 | ر.س1.25 | semi annually | 2021-07-14 |
2021-04-12 | ر.س1.00 | semi annually | 2021-04-25 |
2020-06-22 | ر.س1.00 | semi annually | 2020-07-05 |
2020-03-30 | ر.س1.50 | semi annually | 2020-04-12 |
2019-07-17 | ر.س1.50 | semi annually | 2019-07-30 |
2019-04-08 | ر.س1.50 | semi annually | 2019-04-21 |
2018-07-26 | ر.س1.00 | semi annually | 2018-08-08 |
2018-03-20 | ر.س1.00 | semi annually | 2018-04-02 |
2017-09-12 | ر.س0.75 | semi annually | 2017-09-26 |
2017-03-30 | ر.س1.00 | semi annually | 2017-04-01 |
2016-06-27 | ر.س1.50 | semi annually | |
2016-03-31 | ر.س3.00 | semi annually | |
2015-07-13 | ر.س3.00 | semi annually | |
2015-04-07 | ر.س3.00 | semi annually | |
2014-07-01 | ر.س4.00 | semi annually | |
2014-03-25 | ر.س6.00 | semi annually | |
2013-07-16 | ر.س6.00 | semi annually | |
2013-04-02 | ر.س6.00 | semi annually |
SABICri-Nutrients Dividend per year
SABICri-Nutrients Dividend growth
SABICri-Nutrients Dividend Yield
SABICri-Nutrients current trailing twelve-month (TTM) dividend yield is 5.38%. Interested in purchasing SABICri-Nutrients stock? Use our calculator to estimate your expected dividend yield:
SABICri-Nutrients Financial Ratios
SABICri-Nutrients Dividend FAQ
Other factors to consider when evaluating SABICri-Nutrients 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: SABICri-Nutrients'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, SABICri-Nutrients 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, SABICri-Nutrients 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 SABICri-Nutrients 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: SABICri-Nutrients 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, SABICri-Nutrients distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SABICri-Nutrients 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 SABICri-Nutrients'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 SABICri-Nutrients'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.