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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | ر.س0.25 | semi annually | 2024-09-30 |
2024-06-10 | ر.س0.75 | semi annually | 2024-07-01 |
2023-10-17 | ر.س0.43 | semi annually | 2023-10-31 |
2023-10-15 | ر.س0.50 | semi annually | |
2022-12-26 | ر.س0.50 | semi annually | 2023-01-05 |
2022-09-11 | ر.س0.50 | semi annually | 2022-09-21 |
2022-06-15 | ر.س0.25 | semi annually | 2022-06-29 |
2022-01-03 | ر.س0.20 | semi annually | 2022-01-17 |
2021-09-20 | ر.س0.30 | semi annually | 2021-10-04 |
2021-06-17 | ر.س0.20 | semi annually | 2021-07-05 |
2020-11-04 | ر.س0.40 | semi annually | 2020-11-18 |
2020-06-23 | ر.س1.00 | semi annually | 2020-07-05 |
2019-04-23 | ر.س0.50 | semi annually | 2019-05-02 |
2018-05-24 | ر.س0.50 | semi annually | 2018-06-12 |
2016-04-20 | ر.س0.45 | semi annually | 2016-05-10 |
2014-12-01 | ر.س0.75 | semi annually | 2014-12-17 |
2014-07-23 | ر.س0.75 | semi annually | 2014-08-14 |
2014-04-29 | ر.س0.75 | semi annually | 2014-05-25 |
2013-05-07 | ر.س0.50 | semi annually | 2013-05-25 |
2011-12-28 | ر.س0.50 | semi annually | 2012-01-11 |
2010-12-08 | ر.س0.50 | semi annually | 2011-01-04 |
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
Saudi Automotiv Services Dividend FAQ
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.
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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.
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.
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.