Saudi Airlines Catering Company offers catering and other support services to flights operated by Saudi Arabian and other airlines in the Kingdom of Saudi Arabia. The company operates through three segments: Inflight, Retail, and Catering and Facilities. It offers in-flight catering services; and manages airport lounges. The company also provides SkySales, an in-flight shopping service; catering, accommodation management, laundry, and cleaning services to companies in remote sites; and on-platform and onboard catering services for passengers in rail terminals. In addition, it offers catering services to private sector firms and government offices, as well as hospitals and clinics; commercial laundry services to airlines, hotels, industrial operations, hospitals, and other clients; Hajj and Umrah catering services; and security services. Saudi Airlines Catering Company was founded in 1981 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Saudi Airlines Catering Dividend Announcement
• Saudi Airlines Catering announced a semi annually dividend of ر.س1.15 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-08-29
• Saudi Airlines Catering annual dividend for 2024 was ر.س2.25
• Saudi Airlines Catering annual dividend for 2023 was ر.س1.50
• Saudi Airlines Catering's trailing twelve-month (TTM) dividend yield is 1.78%
• Saudi Airlines Catering's payout ratio for the trailing twelve months (TTM) is 56.22%
Saudi Airlines Catering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ر.س1.15 | semi annually | 2024-09-15 |
2024-04-04 | ر.س1.10 | semi annually | |
2023-08-13 | ر.س1.00 | semi annually | 2023-08-31 |
2023-04-03 | ر.س0.50 | semi annually | 2023-04-30 |
2020-03-15 | ر.س1.40 | semi annually | 2020-10-27 |
2019-11-24 | ر.س1.50 | semi annually | 2019-12-11 |
2019-08-25 | ر.س1.35 | semi annually | 2019-09-12 |
2019-06-17 | ر.س1.30 | semi annually | 2019-06-30 |
2019-03-25 | ر.س1.30 | semi annually | 2019-04-10 |
2018-12-23 | ر.س1.50 | semi annually | 2019-01-10 |
2018-09-13 | ر.س1.40 | semi annually | 2018-09-26 |
2018-06-24 | ر.س1.35 | semi annually | 2018-07-03 |
2018-04-08 | ر.س1.30 | semi annually | 2018-04-23 |
2017-11-22 | ر.س1.50 | semi annually | 2017-12-11 |
2017-08-22 | ر.س1.50 | semi annually | 2017-09-10 |
2017-05-22 | ر.س1.25 | semi annually | 2017-06-08 |
2017-02-19 | ر.س1.30 | semi annually | 2017-03-08 |
2016-11-16 | ر.س1.75 | semi annually | |
2016-08-02 | ر.س1.75 | semi annually | |
2016-05-22 | ر.س1.75 | semi annually | |
2016-03-16 | ر.س1.75 | semi annually | |
2015-11-01 | ر.س1.75 | semi annually | |
2015-08-16 | ر.س1.75 | semi annually | |
2015-05-18 | ر.س1.75 | semi annually | |
2015-04-30 | ر.س1.75 | semi annually | |
2014-08-10 | ر.س1.75 | semi annually | |
2014-05-04 | ر.س1.50 | semi annually | |
2014-04-01 | ر.س1.75 | semi annually | |
2013-11-03 | ر.س1.25 | semi annually | |
2013-08-04 | ر.س1.25 | semi annually | |
2013-05-04 | ر.س1.25 | semi annually | |
2013-04-09 | ر.س1.50 | semi annually | |
2012-11-10 | ر.س1.00 | semi annually |
Saudi Airlines Catering Dividend per year
Saudi Airlines Catering Dividend growth
Saudi Airlines Catering Dividend Yield
Saudi Airlines Catering current trailing twelve-month (TTM) dividend yield is 1.78%. Interested in purchasing Saudi Airlines Catering stock? Use our calculator to estimate your expected dividend yield:
Saudi Airlines Catering Financial Ratios
Saudi Airlines Catering Dividend FAQ
Other factors to consider when evaluating Saudi Airlines Catering 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: Saudi Airlines Catering'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, Saudi Airlines Catering 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, Saudi Airlines Catering 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 Saudi Airlines Catering 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: Saudi Airlines Catering 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, Saudi Airlines Catering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saudi Airlines Catering 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 Saudi Airlines Catering'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 Saudi Airlines Catering'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.