company-logo

Saudi Electricity Company engages in the generation, transmission, and distribution of electricity to governmental, industrial, agricultural, commercial, and residential consumers in the Kingdom of Saudi Arabia. It also establishes, leases, manages, and operates electric and fiber optic networks to provide telecommunication services; and offers support services in relation to the issuance of bonds and sukuk, as well as engages in the financing activities. In addition, the company manages construction projects; sets detailed designs; purchases materials; implements projects in the power sector; and provides communications, data transmission, and information technology services to individuals, public, and private institutions. It serves approximately 10.1 million customers. The company was incorporated in 2000 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Saudi Electricity Dividend Announcement

Saudi Electricity announced a annually dividend of ر.س0.70 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-15
Saudi Electricity annual dividend for 2024 was ر.س0.70
Saudi Electricity annual dividend for 2023 was ر.س0.70
Saudi Electricity's trailing twelve-month (TTM) dividend yield is 4.16%
Saudi Electricity's payout ratio for the trailing twelve months (TTM) is 24.49%
Saudi Electricity's dividend growth over the last five years (2018-2023) was -12.94% year

Saudi Electricity Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-15ر.س0.70annually2024-05-30
2023-05-10ر.س0.70annually2023-06-01
2022-05-18ر.س0.70annually2022-06-01
2021-04-28ر.س0.70annually2021-05-20
2020-06-03ر.س0.70annually2020-06-16
2019-05-01ر.س0.70annually2019-05-12
2018-06-26ر.س0.70annually2018-07-17
2018-05-16ر.س0.70annually
2017-04-20ر.س0.70annually2017-04-30
2016-04-26ر.س0.70annually
2015-04-21ر.س0.70annually
2014-04-16ر.س0.70annually
2013-04-16ر.س0.70annually

Saudi Electricity Dividend per year

Saudi Electricity Dividend growth

Saudi Electricity Dividend Yield

Saudi Electricity current trailing twelve-month (TTM) dividend yield is 4.16%. Interested in purchasing Saudi Electricity stock? Use our calculator to estimate your expected dividend yield:

Saudi Electricity Financial Ratios

P/E ratio5.82
PEG ratio0.41
P/B ratio0.27
ROE5.60%
Payout ratio24.49%
Current ratio0.89
Quick ratio0.81
Cash Ratio0.04

Saudi Electricity Dividend FAQ

How much is the next Saudi Electricity dividend?
Saudi Electricity'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 Electricity dividend. The next Saudi Electricity dividend will be released in May.
When is Saudi Electricity dividend paid?
Saudi Electricity pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Electricity pay?
The specific amount of Saudi Electricity 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 Electricity's dividend history.
Does Saudi Electricity stock pay dividends?
Yes, Saudi Electricity 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 Electricity's dividend history.
How much dividend does Saudi Electricity pay?
Saudi Electricity paid ر.س0.7 in 2024, ر.س0.7 in 2023, ر.س0.7 in 2022, ر.س0.7 in 2021, and ر.س0.7 in 2020.
How often does Saudi Electricity pay dividends?
Saudi Electricity typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Saudi Electricity's dividend yield?
The current dividend yield for Saudi Electricity is 4.16%. 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 Electricity's exact dividend yield.
When does Saudi Electricity go ex dividend?
Saudi Electricity's ex-dividend date for the latest dividend was on 2024-05-15. Saudi Electricity 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 Electricity dividend paid?
Saudi Electricity pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Saudi Electricity 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 Electricity 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 Electricity dividend per share?
Saudi Electricity paid ر.س0.7 per share in 2024 and ر.س0.7 per share in 2023. The amount of dividend per share that Saudi Electricity 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 Electricity 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 Electricity 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 Electricity a dividend stock?
Yes, Saudi Electricity is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saudi Electricity a good dividend stock?
Whether Saudi Electricity 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 Electricity has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Saudi Electricity 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 Electricity pay dividends monthly?
Saudi Electricity typically pays dividends on a annually basis.
Does Saudi Electricity pay dividends quarterly?
Saudi Electricity currently pays dividends on a annually basis.
Has Saudi Electricity ever paid a dividend?
Yes, Saudi Electricity has a history of paying dividends to its shareholders. Saudi Electricity is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saudi Electricity dividend stocks?
To buy Saudi Electricity 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 Electricity 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 Electricity pay dividends 2024?
Saudi Electricity pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Electricity increase its dividend in 2024?
Decisions regarding Saudi Electricity 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 Electricity dividend overview you can look into the above table of dividend history.
How Saudi Electricity dividend works?
The Saudi Electricity 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 Electricity's dividend process works:

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

1. Record Date: Saudi Electricity 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 Electricity 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 Electricity 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 Electricity pay dividends?
Saudi Electricity typically pays dividends on a 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 Electricity pay dividends?
The general pattern is that Saudi Electricity pays dividends around May. 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 Electricity dividend safe?
The safety of Saudi Electricity'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 Electricity'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 Electricity'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.