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 7.54%
• Saudi Aramco Base Oil - Luberef's payout ratio for the trailing twelve months (TTM) is 163.01%
Saudi Aramco Base Oil - Luberef Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | ر.س3.60 | semi annually | 2024-10-15 |
2024-03-31 | ر.س5.00 | semi annually | |
2023-10-02 | ر.س5.00 | semi annually | 2023-10-15 |
2023-05-01 | ر.س5.00 | semi annually | 2023-05-11 |
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 7.54%. 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
Saudi Aramco Base Oil - Luberef Dividend FAQ
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.
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.