Saudi Arabian Oil Company operates as an integrated oil and gas company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Upstream and Downstream. The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs). As of December 31, 2021, its reserves included 253.6 billion barrels of oil equivalent, including 196.9 billion barrels of crude oil and condensate; 25.2 billion barrels of NGLs; and 194.5 trillion standard cubic feet of natural gas, as well as 530 reservoirs within 137 fields distributed throughout the Kingdom and its territorial waters. The Downstream segment produces various chemicals, including olefins, methanol, MTBE, aromatics, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and engineering thermoplastics and their blends; and base oils, as well as in the refining and retail operations. It also supplies oil products; and trades in refined petroleum and liquid chemical products, and polymers. In addition, the company develops, manufactures, and markets high-performance rubber; and provides crude oil storage, investment, consulting, oil field, insurance, marketing and sales support, financing, and marine management and transportation services. Saudi Arabian Oil Company was founded in 1933 and is headquartered in Dhahran, the Kingdom of Saudi Arabia.
Saudi Arabian Oil Dividend Announcement
• Saudi Arabian Oil announced a quarterly dividend of ر.س0.48 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-20
• Saudi Arabian Oil annual dividend for 2024 was ر.س0.96
• Saudi Arabian Oil annual dividend for 2023 was ر.س0.94
• Saudi Arabian Oil's trailing twelve-month (TTM) dividend yield is 4.06%
• Saudi Arabian Oil's payout ratio for the trailing twelve months (TTM) is 104.01%
Saudi Arabian Oil Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-20 | ر.س0.48 | quarterly | 2024-08-29 |
| 2024-05-15 | ر.س0.31 | quarterly | 2024-05-23 |
| 2024-03-14 | ر.س0.17 | quarterly | |
| 2023-11-15 | ر.س0.15 | quarterly | 2023-11-30 |
| 2023-09-11 | ر.س0.15 | quarterly | 2023-09-27 |
| 2023-05-17 | ر.س0.30 | quarterly | 2023-05-31 |
| 2023-03-15 | ر.س0.33 | quarterly | 2023-03-20 |
| 2022-11-09 | ر.س0.32 | quarterly | 2022-11-28 |
| 2022-08-22 | ر.س0.32 | quarterly | 2022-09-07 |
| 2022-05-24 | ر.س0.32 | quarterly | 2022-03-31 |
| 2021-11-07 | ر.س0.35 | quarterly | 2021-11-22 |
| 2021-08-16 | ر.س0.35 | quarterly | 2021-09-01 |
| 2021-05-17 | ر.س0.35 | quarterly | 2021-06-02 |
| 2021-03-23 | ر.س0.35 | quarterly | 2021-03-31 |
| 2020-11-10 | ر.س0.35 | quarterly | 2020-11-30 |
| 2020-08-12 | ر.س0.35 | quarterly | 2020-08-31 |
| 2020-05-31 | ر.س0.39 | quarterly | 2020-06-18 |
| 2020-05-21 | ر.س0.47 | quarterly | |
| 2020-03-19 | ر.س0.08 | quarterly | 2020-03-31 |
Saudi Arabian Oil Dividend per year
Saudi Arabian Oil Dividend growth
Saudi Arabian Oil Dividend Yield
Saudi Arabian Oil current trailing twelve-month (TTM) dividend yield is 4.06%. Interested in purchasing Saudi Arabian Oil stock? Use our calculator to estimate your expected dividend yield:
Saudi Arabian Oil Financial Ratios
P/E ratio15.26
PEG ratio0.14
P/B ratio4.41
ROE28.53%
Payout ratio104.01%
Current ratio2.08
Quick ratio1.78
Cash Ratio0.56
Saudi Arabian Oil Dividend FAQ
How much is the next Saudi Arabian Oil dividend?
Saudi Arabian Oil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Saudi Arabian Oil dividend. The next Saudi Arabian Oil dividend will be released in March, May, September, or November.
When is Saudi Arabian Oil dividend paid?
Saudi Arabian Oil pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Saudi Arabian Oil pay?
The specific amount of Saudi Arabian Oil dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Saudi Arabian Oil's dividend history.
Does Saudi Arabian Oil stock pay dividends?
Yes, Saudi Arabian Oil does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Saudi Arabian Oil's dividend history.
How much dividend does Saudi Arabian Oil pay?
Saudi Arabian Oil paid ر.س0.963 in 2024, ر.س0.941 in 2023, ر.س0.959 in 2022, ر.س1.407 in 2021, and ر.س1.64 in 2020.
How often does Saudi Arabian Oil pay dividends?
Saudi Arabian Oil typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, September, and November.
What is Saudi Arabian Oil's dividend yield?
The current dividend yield for Saudi Arabian Oil is 4.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Saudi Arabian Oil's exact dividend yield.
When does Saudi Arabian Oil go ex dividend?
Saudi Arabian Oil's ex-dividend date for the latest dividend was on 2024-08-20. Saudi Arabian Oil typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Saudi Arabian Oil dividend paid?
Saudi Arabian Oil pays dividends on a quarterly basis, typically around March, May, September, or November, but the exact dates can vary each year.
Will Saudi Arabian Oil increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Saudi Arabian Oil will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Saudi Arabian Oil dividend per share?
Saudi Arabian Oil paid ر.س0.963 per share in 2024 and ر.س0.941 per share in 2023. The amount of dividend per share that Saudi Arabian Oil pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Saudi Arabian Oil a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Saudi Arabian Oil a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Saudi Arabian Oil a dividend stock?
Yes, Saudi Arabian Oil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saudi Arabian Oil a good dividend stock?
Whether Saudi Arabian Oil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Saudi Arabian Oil has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Saudi Arabian Oil 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.
Other factors to consider when evaluating Saudi Arabian Oil 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.
Does Saudi Arabian Oil pay dividends monthly?
Saudi Arabian Oil typically pays dividends on a quarterly basis.
Does Saudi Arabian Oil pay dividends quarterly?
Saudi Arabian Oil currently pays dividends on a quarterly basis.
Has Saudi Arabian Oil ever paid a dividend?
Yes, Saudi Arabian Oil has a history of paying dividends to its shareholders. Saudi Arabian Oil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saudi Arabian Oil dividend stocks?
To buy Saudi Arabian Oil you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Saudi Arabian Oil stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Saudi Arabian Oil stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Saudi Arabian Oil pay dividends 2024?
Saudi Arabian Oil pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Saudi Arabian Oil increase its dividend in 2024?
Decisions regarding Saudi Arabian Oil dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Saudi Arabian Oil dividend overview you can look into the above table of dividend history.
How Saudi Arabian Oil dividend works?
The Saudi Arabian Oil dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Saudi Arabian Oil's dividend process works:
1. Determination of Dividend: Saudi Arabian Oil'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 Arabian Oil 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 Arabian Oil 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 Arabian Oil 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. Determination of Dividend: Saudi Arabian Oil'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 Arabian Oil 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 Arabian Oil 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 Arabian Oil 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.
How are Saudi Arabian Oil dividends paid?
Saudi Arabian Oil dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Saudi Arabian Oil 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 Arabian Oil 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 Arabian Oil 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.
1. Record Date: Saudi Arabian Oil 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 Arabian Oil 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 Arabian Oil 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.
How many times does Saudi Arabian Oil pay dividends?
Saudi Arabian Oil typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Saudi Arabian Oil pay dividends?
The general pattern is that Saudi Arabian Oil pays dividends around March, May, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Saudi Arabian Oil dividend safe?
The safety of Saudi Arabian Oil's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Saudi Arabian Oil'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 Arabian Oil'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.
To assess the safety of Saudi Arabian Oil'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 Arabian Oil'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.