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Saudi Automotive Services Company owns and operates a network of car service stations in Saudi Arabia. It offers car maintenance and repair services; operates an automobile association for issuing international driving licenses and customs transit books; fuel and water transportation services; owns, develops, purchases, sells, and leases land and other real estate properties; issues custom transit books; and operates restrooms, motels, and restaurants. The company also imports and sells foodstuffs, drinks, refreshments, and raw materials; and supplies beverages. In addition, it imports and sells equipment and tools, cars, and spare parts; participates in local and international clubs for cars and motorcycles; manages, maintains, and operates motorsports and motorbike circuits; organizes races and events; establishes workshops for repair of cars, heavy equipment, and service stations; provide meals, drinks, and refreshment for travelers; washes and lubricates cars and equipment; and constructs roads and bridges. Further, it undertakes contracts for erection, management, maintenance, and operation of the residential and commercial buildings, and road works; and offers financial services. Saudi Automotive Services Company was founded in 1981 and is headquartered in Riyadh, Saudi Arabia.

Saudi Automotiv Services Dividend Announcement

Saudi Automotiv Services announced a semi annually dividend of ر.س0.25 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
Saudi Automotiv Services annual dividend for 2024 was ر.س1.00
Saudi Automotiv Services annual dividend for 2023 was ر.س0.93
Saudi Automotiv Services's trailing twelve-month (TTM) dividend yield is 1.29%
Saudi Automotiv Services's payout ratio for the trailing twelve months (TTM) is 94.44%
Saudi Automotiv Services's dividend growth over the last five years (2018-2023) was 13.18% year

Saudi Automotiv Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16ر.س0.25semi annually2024-09-30
2024-06-10ر.س0.75semi annually2024-07-01
2023-10-17ر.س0.43semi annually2023-10-31
2023-10-15ر.س0.50semi annually
2022-12-26ر.س0.50semi annually2023-01-05
2022-09-11ر.س0.50semi annually2022-09-21
2022-06-15ر.س0.25semi annually2022-06-29
2022-01-03ر.س0.20semi annually2022-01-17
2021-09-20ر.س0.30semi annually2021-10-04
2021-06-17ر.س0.20semi annually2021-07-05
2020-11-04ر.س0.40semi annually2020-11-18
2020-06-23ر.س1.00semi annually2020-07-05
2019-04-23ر.س0.50semi annually2019-05-02
2018-05-24ر.س0.50semi annually2018-06-12
2016-04-20ر.س0.45semi annually2016-05-10
2014-12-01ر.س0.75semi annually2014-12-17
2014-07-23ر.س0.75semi annually2014-08-14
2014-04-29ر.س0.75semi annually2014-05-25
2013-05-07ر.س0.50semi annually2013-05-25
2011-12-28ر.س0.50semi annually2012-01-11
2010-12-08ر.س0.50semi annually2011-01-04

Saudi Automotiv Services Dividend per year

Saudi Automotiv Services Dividend growth

Saudi Automotiv Services Dividend Yield

Saudi Automotiv Services current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing Saudi Automotiv Services stock? Use our calculator to estimate your expected dividend yield:

Saudi Automotiv Services Financial Ratios

P/E ratio48.54
PEG ratio14.08
P/B ratio5.74
ROE11.53%
Payout ratio94.44%
Current ratio0.39
Quick ratio0.30
Cash Ratio0.10

Saudi Automotiv Services Dividend FAQ

How much is the next Saudi Automotiv Services dividend?
Saudi Automotiv Services'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 Automotiv Services dividend. The next Saudi Automotiv Services dividend will be released in October, or October.
When is Saudi Automotiv Services dividend paid?
Saudi Automotiv Services pays dividends on a semi annually basis. The specific dates may vary each year but are generally around October, and October. 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 Automotiv Services pay?
The specific amount of Saudi Automotiv Services 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 Automotiv Services's dividend history.
Does Saudi Automotiv Services stock pay dividends?
Yes, Saudi Automotiv Services 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 Automotiv Services's dividend history.
How much dividend does Saudi Automotiv Services pay?
Saudi Automotiv Services paid ر.س1.0 in 2024, ر.س0.928 in 2023, ر.س1.45 in 2022, ر.س0.5 in 2021, and ر.س1.4 in 2020.
How often does Saudi Automotiv Services pay dividends?
Saudi Automotiv Services typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around October, and October.
What is Saudi Automotiv Services's dividend yield?
The current dividend yield for Saudi Automotiv Services is 1.29%. 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 Automotiv Services's exact dividend yield.
When does Saudi Automotiv Services go ex dividend?
Saudi Automotiv Services's ex-dividend date for the latest dividend was on 2024-09-16. Saudi Automotiv Services 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 Automotiv Services dividend paid?
Saudi Automotiv Services pays dividends on a semi annually basis, typically around October, or October, but the exact dates can vary each year.
Will Saudi Automotiv Services 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 Automotiv Services 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 Automotiv Services dividend per share?
Saudi Automotiv Services paid ر.س1.0 per share in 2024 and ر.س0.928 per share in 2023. The amount of dividend per share that Saudi Automotiv Services 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 Automotiv Services 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 Automotiv Services 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 Automotiv Services a dividend stock?
Yes, Saudi Automotiv Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saudi Automotiv Services a good dividend stock?
Whether Saudi Automotiv Services 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 Automotiv Services has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Saudi Automotiv Services 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 Automotiv Services pay dividends monthly?
Saudi Automotiv Services typically pays dividends on a semi annually basis.
Does Saudi Automotiv Services pay dividends quarterly?
Saudi Automotiv Services currently pays dividends on a semi annually basis.
Has Saudi Automotiv Services ever paid a dividend?
Yes, Saudi Automotiv Services has a history of paying dividends to its shareholders. Saudi Automotiv Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saudi Automotiv Services dividend stocks?
To buy Saudi Automotiv Services 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 Automotiv Services 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 Automotiv Services pay dividends 2024?
Saudi Automotiv Services pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-30. 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 Automotiv Services increase its dividend in 2024?
Decisions regarding Saudi Automotiv Services 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 Automotiv Services dividend overview you can look into the above table of dividend history.
How Saudi Automotiv Services dividend works?
The Saudi Automotiv Services 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 Automotiv Services's dividend process works:

1. Determination of Dividend: Saudi Automotiv Services'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 Automotiv Services 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 Automotiv Services 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 Automotiv Services 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 Automotiv Services dividends paid?
Saudi Automotiv Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Saudi Automotiv Services 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 Automotiv Services 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 Automotiv Services 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 Automotiv Services pay dividends?
Saudi Automotiv Services typically pays dividends on a semi annually 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 Automotiv Services pay dividends?
The general pattern is that Saudi Automotiv Services pays dividends around October, and October. 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 Automotiv Services dividend safe?
The safety of Saudi Automotiv Services'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 Automotiv Services'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 Automotiv Services'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.