Saudi Basic Industries Corporation manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. The company operates through Petrochemicals & Specialties, Agri-Nutrients, and Metals (Hadeed) segments. It offers polymers, such as acrylonitrile butadiene styrene, acrylonitrile styrene acrylate, carbon black, ethylene vinyl acetate, polyamide, polybutylene terephthalate, polycarbonate, polycarbonate/acrylonitrile-butadiene-styrene, polyethylene terephthalate, polymethyl methacrylate, polyoxymethylene, polypropylene, polystyrene, polyethylane, polyvinyl chloride, and synthetic rubbers. The company also provides engineering thermoplastic resins and compounds, composites, thermosets and additives, copolymers, and additive manufacturing solutions. In addition, it offers chemicals, including aromatics, chlor-alkali, ethanolamines, ethoxylates, ethyleneamines, glycols, linear alpha olefins, natural detergent alcohol, olefins and gases, OXO alcohols and performance monomers, and oxygenates. Further, the company provides fertilizers comprising urea, ammonia, and a portfolio of nitrogen-based inorganic products; produces steel products, such as hot and cold rolled flat, concrete reinforcing bars, wire rod coils, light sections, and steel billets products; operates e-business portal for sales; and offers color services under the ColorXpress name, as well as engineering services. It serves agriculture, automotive, building and construction, consumer, electrical and electronics, healthcare, industrial, mass transportation, and packaging industries. The company was incorporated in 1976 and is headquartered in Riyadh, Saudi Arabia. Saudi Basic Industries Corporation operates as a subsidiary of Aramco Chemicals Company.
Saudi Basic Industries Dividend Announcement
• Saudi Basic Industries announced a semi annually dividend of ر.س1.70 per ordinary share which will be made payable on . Ex dividend date: 2025-09-04
• Saudi Basic Industries's trailing twelve-month (TTM) dividend yield is 4.53%
• Saudi Basic Industries's payout ratio for the trailing twelve months (TTM) is -468.94%
Saudi Basic Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-09-04 | ر.س1.70 | semi annually | |
| 2024-09-03 | ر.س1.70 | semi annually | 2024-09-24 |
| 2024-02-13 | ر.س1.60 | semi annually | |
| 2023-09-13 | ر.س1.80 | semi annually | 2023-10-02 |
| 2023-03-14 | ر.س2.00 | semi annually | 2023-04-02 |
| 2022-09-12 | ر.س2.25 | semi annually | 2022-10-02 |
| 2022-04-11 | ر.س2.25 | semi annually | 2022-04-25 |
| 2021-09-20 | ر.س1.75 | semi annually | 2021-10-03 |
| 2021-04-14 | ر.س1.50 | semi annually | 2021-05-03 |
| 2020-09-06 | ر.س1.50 | semi annually | 2020-09-20 |
| 2020-04-22 | ر.س2.20 | semi annually | 2020-05-12 |
| 2019-09-17 | ر.س2.20 | semi annually | 2019-09-30 |
| 2019-04-10 | ر.س2.20 | semi annually | 2019-04-30 |
| 2018-09-02 | ر.س2.20 | semi annually | 2018-09-17 |
| 2018-04-18 | ر.س2.20 | semi annually | 2018-05-01 |
| 2017-07-31 | ر.س2.00 | semi annually | 2017-08-17 |
| 2017-04-12 | ر.س2.00 | semi annually | 2017-04-23 |
| 2016-08-28 | ر.س2.00 | semi annually | |
| 2016-04-12 | ر.س3.00 | semi annually | |
| 2015-08-23 | ر.س2.50 | semi annually | |
| 2015-04-13 | ر.س3.00 | semi annually | |
| 2014-07-14 | ر.س2.50 | semi annually | |
| 2014-04-14 | ر.س3.00 | semi annually |
Saudi Basic Industries Dividend per year
Saudi Basic Industries Dividend growth
Saudi Basic Industries Dividend Yield
Saudi Basic Industries current trailing twelve-month (TTM) dividend yield is 4.53%. Interested in purchasing Saudi Basic Industries stock? Use our calculator to estimate your expected dividend yield:
Saudi Basic Industries Financial Ratios
P/E ratio-100.28
PEG ratio-22.25
P/B ratio1.33
ROE-1.30%
Payout ratio-468.94%
Current ratio2.00
Quick ratio1.59
Cash Ratio0.57
Saudi Basic Industries Dividend FAQ
How much is the next Saudi Basic Industries dividend?
Saudi Basic Industries'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 Basic Industries dividend. The next Saudi Basic Industries dividend will be released in February, or September.
When is Saudi Basic Industries dividend paid?
Saudi Basic Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and September. 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 Basic Industries pay?
The specific amount of Saudi Basic Industries 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 Basic Industries's dividend history.
Does Saudi Basic Industries stock pay dividends?
Yes, Saudi Basic Industries 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 Basic Industries's dividend history.
How much dividend does Saudi Basic Industries pay?
Saudi Basic Industries paid ر.س3.3 in 2024, ر.س3.8 in 2023, ر.س4.5 in 2022, ر.س3.25 in 2021, and ر.س3.7 in 2020.
How often does Saudi Basic Industries pay dividends?
Saudi Basic Industries 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 February, and September.
What is Saudi Basic Industries's dividend yield?
The current dividend yield for Saudi Basic Industries is 4.53%. 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 Basic Industries's exact dividend yield.
When does Saudi Basic Industries go ex dividend?
Saudi Basic Industries's ex-dividend date for the latest dividend was on 2025-09-04. Saudi Basic Industries 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 Basic Industries dividend paid?
Saudi Basic Industries pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Saudi Basic Industries 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 Basic Industries 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 Basic Industries dividend per share?
Saudi Basic Industries paid ر.س3.3 per share in 2024 and ر.س3.8 per share in 2023. The amount of dividend per share that Saudi Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries a dividend stock?
Yes, Saudi Basic Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saudi Basic Industries a good dividend stock?
Whether Saudi Basic Industries 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 Basic Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Saudi Basic Industries 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 Basic Industries 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 Basic Industries pay dividends monthly?
Saudi Basic Industries typically pays dividends on a semi annually basis.
Does Saudi Basic Industries pay dividends quarterly?
Saudi Basic Industries currently pays dividends on a semi annually basis.
Has Saudi Basic Industries ever paid a dividend?
Yes, Saudi Basic Industries has a history of paying dividends to its shareholders. Saudi Basic Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saudi Basic Industries dividend stocks?
To buy Saudi Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries pay dividends 2024?
Saudi Basic Industries pays dividends on a semi annually basis. 2024 dividend payments are in . 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 Basic Industries increase its dividend in 2024?
Decisions regarding Saudi Basic Industries 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 Basic Industries dividend overview you can look into the above table of dividend history.
How Saudi Basic Industries dividend works?
The Saudi Basic Industries 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 Basic Industries's dividend process works:
1. Determination of Dividend: Saudi Basic Industries'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 Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries'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 Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries dividends paid?
Saudi Basic Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Saudi Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries 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 Basic Industries pay dividends?
Saudi Basic Industries 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 Basic Industries pay dividends?
The general pattern is that Saudi Basic Industries pays dividends around February, and September. 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 Basic Industries dividend safe?
The safety of Saudi Basic Industries'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 Basic Industries'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 Basic Industries'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 Basic Industries'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 Basic Industries'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.