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Saudi Aramco Base Oil Company – Luberef produces and sells base oils and various by-products in the Kingdom of Saudi Arabia and internationally. It offers various group I and group II base oils; and byproducts, such as asphalt, marine heavy fuel oil, slack wax, extract, and sulfur, as well as white products, including ultra-low sulfur diesel, naphtha, and drilling fluid. The company was incorporated in 1976 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. Saudi Aramco Base Oil Company – Luberef is a subsidiary of Saudi Arabian Oil Company.

Saudi Aramco Base Oil - Luberef Dividend Announcement

Saudi Aramco Base Oil - Luberef announced a semi annually dividend of ر.س3.60 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-01
Saudi Aramco Base Oil - Luberef annual dividend for 2024 was ر.س8.60
Saudi Aramco Base Oil - Luberef annual dividend for 2023 was ر.س10.00
Saudi Aramco Base Oil - Luberef's trailing twelve-month (TTM) dividend yield is 7.01%
Saudi Aramco Base Oil - Luberef's payout ratio for the trailing twelve months (TTM) is 146.74%

Saudi Aramco Base Oil - Luberef Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-01ر.س3.60semi annually2024-10-15
2024-03-31ر.س5.00semi annually
2023-10-02ر.س5.00semi annually2023-10-15
2023-05-01ر.س5.00semi annually2023-05-11

Saudi Aramco Base Oil - Luberef Dividend per year

Saudi Aramco Base Oil - Luberef Dividend Yield

Saudi Aramco Base Oil - Luberef current trailing twelve-month (TTM) dividend yield is 7.01%. Interested in purchasing Saudi Aramco Base Oil - Luberef stock? Use our calculator to estimate your expected dividend yield:

Saudi Aramco Base Oil - Luberef Financial Ratios

P/E ratio17.99
PEG ratio0.11
P/B ratio4.52
ROE25.02%
Payout ratio146.74%
Current ratio1.48
Quick ratio1.12
Cash Ratio0.34

Saudi Aramco Base Oil - Luberef Dividend FAQ

Does Saudi Aramco Base Oil - Luberef stock pay dividends?
Saudi Aramco Base Oil - Luberef does not currently pay dividends to its shareholders.
Has Saudi Aramco Base Oil - Luberef ever paid a dividend?
No, Saudi Aramco Base Oil - Luberef has no a history of paying dividends to its shareholders. Saudi Aramco Base Oil - Luberef is not known for its dividend payments.
Why doesn't Saudi Aramco Base Oil - Luberef pay dividends?
There are several potential reasons why Saudi Aramco Base Oil - Luberef would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Saudi Aramco Base Oil - Luberef ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Saudi Aramco Base Oil - Luberef has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Saudi Aramco Base Oil - Luberef a dividend aristocrat?
Saudi Aramco Base Oil - Luberef is not considered a Dividend Aristocrat. 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 Aramco Base Oil - Luberef a dividend king?
Saudi Aramco Base Oil - Luberef is not classified as a "Dividend King". 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 Aramco Base Oil - Luberef a dividend stock?
No, Saudi Aramco Base Oil - Luberef is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Saudi Aramco Base Oil - Luberef stocks?
To buy Saudi Aramco Base Oil - Luberef 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Saudi Aramco Base Oil - Luberef 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.