Saudi Chemical Holding Company engages in the explosives, medicines and medical supplies, and production of ammonium nitrate businesses in the Kingdom of Saudi Arabia and internationally. The company manufactures and sells explosives and their derivatives for civil and military uses, as well as provides technical support services for explosions. It also engages in the manufacturing, wholesale, and retail trading of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers, and its related spare parts and food items; and manufacturing of ammonium nitrate. Saudi Chemical Holding Company was founded in 1972 and is based in Riyadh, the Kingdom of Saudi Arabia.
Saudi Chemical Dividend Announcement
• Saudi Chemical announced a annually dividend of ر.س0.05 per ordinary share which will be made payable on 2024-02-04. Ex dividend date: 2024-01-28
• Saudi Chemical annual dividend for 2024 was ر.س0.05
• Saudi Chemical annual dividend for 2023 was ر.س0.50
• Saudi Chemical's trailing twelve-month (TTM) dividend yield is 0.44%
• Saudi Chemical's payout ratio for the trailing twelve months (TTM) is 14.64%
Saudi Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-28 | ر.س0.05 | annually | 2024-02-04 |
2023-01-19 | ر.س0.50 | annually | 2023-01-29 |
2022-01-24 | ر.س0.50 | annually | 2022-02-03 |
2021-05-27 | ر.س0.50 | annually | 2021-06-14 |
2018-12-03 | ر.س1.25 | annually | 2018-12-16 |
2017-12-26 | ر.س1.00 | annually | 2018-01-07 |
2017-08-01 | ر.س1.00 | annually | 2017-08-10 |
2017-04-23 | ر.س1.50 | annually | |
2016-12-26 | ر.س1.50 | annually | |
2016-07-18 | ر.س2.00 | annually | |
2016-02-08 | ر.س2.00 | annually | |
2015-06-29 | ر.س3.00 | annually | |
2015-01-18 | ر.س2.00 | annually | |
2014-06-26 | ر.س1.75 | annually | |
2014-01-19 | ر.س2.00 | annually | |
2013-06-16 | ر.س1.50 | annually | |
2013-01-26 | ر.س2.00 | annually | |
2012-07-07 | ر.س1.50 | annually | |
2011-12-26 | ر.س2.00 | annually | |
2011-05-16 | ر.س2.00 | annually |
Saudi Chemical Dividend per year
Saudi Chemical Dividend growth
Saudi Chemical Dividend Yield
Saudi Chemical current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Saudi Chemical stock? Use our calculator to estimate your expected dividend yield:
Saudi Chemical Financial Ratios
Saudi Chemical Dividend FAQ
Other factors to consider when evaluating Saudi Chemical 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 Chemical'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 Chemical 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 Chemical 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 Chemical 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 Chemical 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 Chemical 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 Chemical 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 Chemical'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 Chemical'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.