Sahara International Petrochemical Company owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia and internationally. The company operates through Basic Chemicals, Intermediate Chemicals, Polymers, Trading, and Corporate and Others segments. It offers basic products, including methanol, butane, tetrahydrofuran, maleic anhydride, carbon monoxide, and gamma butyrolactone; and intermediate products, such as acetic acid, acetic anhydride, vinyl acetate monomer, dichloroethane, and caustic soda, as well as ethyl and butyl acetates. The company also provides polymer products consisting of low-density polyethylene (LDPE), ethylene vinyl acetate, polyvinyl acetate, polyvinyl alcohol, cross linkable and semi-conductive LDPE compounds, polypropylene, and polybutylene terephthalate. In addition, it markets and distributes other petrochemical products; offers electrical connecting wire products; and manufactures and sells molds and dies, and related services, as well as produces ethylene-vinyl acetate films. The company was formerly known as Saudi International Petrochemical Company and changed its name to Sahara International Petrochemical Company in May 2019. Sahara International Petrochemical Company was incorporated in 1999 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Sahara International Petrochemical Dividend Announcement
• Sahara International Petrochemical announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-03
• Sahara International Petrochemical annual dividend for 2024 was ر.س1.00
• Sahara International Petrochemical annual dividend for 2023 was ر.س2.00
• Sahara International Petrochemical's trailing twelve-month (TTM) dividend yield is 7.03%
• Sahara International Petrochemical's payout ratio for the trailing twelve months (TTM) is 160.48%
• Sahara International Petrochemical's dividend growth over the last five years (2018-2023) was 14.87% year
Sahara International Petrochemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | ر.س0.50 | semi annually | 2024-12-16 |
2024-06-30 | ر.س0.50 | semi annually | 2024-07-11 |
2023-12-14 | ر.س0.75 | semi annually | 2023-12-25 |
2023-07-09 | ر.س1.25 | semi annually | 2023-07-19 |
2022-12-06 | ر.س1.50 | semi annually | 2022-12-15 |
2022-07-06 | ر.س1.75 | semi annually | 2022-07-26 |
2021-12-21 | ر.س1.50 | semi annually | 2021-12-30 |
2021-05-05 | ر.س0.50 | semi annually | 2021-07-14 |
2020-12-27 | ر.س0.50 | semi annually | 2021-01-06 |
2019-10-03 | ر.س0.60 | semi annually | 2019-10-16 |
2019-01-02 | ر.س0.65 | semi annually | 2019-01-15 |
2018-08-02 | ر.س0.50 | semi annually | 2018-08-15 |
2018-04-02 | ر.س0.50 | semi annually | 2018-04-15 |
2015-07-05 | ر.س0.60 | semi annually | 2015-07-09 |
2015-03-31 | ر.س0.65 | semi annually | 2015-04-09 |
2014-07-06 | ر.س0.60 | semi annually | 2014-07-17 |
2014-03-16 | ر.س0.65 | semi annually | 2014-03-26 |
2013-07-22 | ر.س0.60 | semi annually | 2013-08-04 |
2013-03-16 | ر.س0.75 | semi annually | 2013-03-27 |
2012-08-01 | ر.س0.50 | semi annually | 2012-08-13 |
2012-03-20 | ر.س1.25 | semi annually | 2012-04-02 |
Sahara International Petrochemical Dividend per year
Sahara International Petrochemical Dividend growth
Sahara International Petrochemical Dividend Yield
Sahara International Petrochemical current trailing twelve-month (TTM) dividend yield is 7.03%. Interested in purchasing Sahara International Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Sahara International Petrochemical Financial Ratios
Sahara International Petrochemical Dividend FAQ
Other factors to consider when evaluating Sahara International Petrochemical 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: Sahara International Petrochemical'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, Sahara International Petrochemical 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, Sahara International Petrochemical 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 Sahara International Petrochemical 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: Sahara International Petrochemical 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, Sahara International Petrochemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sahara International Petrochemical 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 Sahara International Petrochemical'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 Sahara International Petrochemical'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.