Saudi Industrial Investment Group operates as a petrochemical company in the Kingdom of Saudi Arabia. It engages in the development, establishment, operation, management, and maintenance of petrochemical factories, as well as gas, petroleum, and other industries; and wholesale and retail trade of material and petrochemical products, and its derivatives. The company also provides benzene, cyclohexane, and motor gasoline; and ethylene, styrene, propylene, high density polyethylene, polypropylene, polystyrene, and hexene-1. Saudi Industrial Investment Group was founded in 1996 and is based in Riyadh, the Kingdom of Saudi Arabia.
Saudi Industrial Investment Dividend Announcement
• Saudi Industrial Investment announced a quarterly dividend of ر.س0.50 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-04
• Saudi Industrial Investment annual dividend for 2024 was ر.س0.50
• Saudi Industrial Investment annual dividend for 2023 was ر.س1.00
• Saudi Industrial Investment's trailing twelve-month (TTM) dividend yield is 5.65%
• Saudi Industrial Investment's payout ratio for the trailing twelve months (TTM) is 230.40%
Saudi Industrial Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ر.س0.50 | quarterly | 2024-07-22 |
2023-12-19 | ر.س0.50 | quarterly | 2024-01-04 |
2023-08-09 | ر.س0.50 | quarterly | 2023-08-24 |
2022-12-11 | ر.س0.75 | quarterly | 2022-12-22 |
2022-07-03 | ر.س0.75 | quarterly | 2022-07-21 |
2022-04-17 | ر.س0.75 | quarterly | 2022-04-27 |
2021-07-01 | ر.س0.50 | quarterly | 2021-07-15 |
2021-01-03 | ر.س0.50 | quarterly | 2021-01-14 |
2020-07-01 | ر.س0.50 | quarterly | 2020-07-14 |
2020-04-16 | ر.س0.50 | quarterly | |
2020-01-01 | ر.س0.75 | quarterly | 2020-01-12 |
2019-07-01 | ر.س0.75 | quarterly | 2019-07-11 |
2019-01-01 | ر.س0.75 | quarterly | 2019-01-13 |
2018-07-01 | ر.س0.50 | quarterly | 2018-07-11 |
2018-01-01 | ر.س0.50 | quarterly | 2018-01-11 |
2017-04-19 | ر.س0.50 | quarterly | 2017-04-30 |
2015-04-09 | ر.س1.00 | quarterly | |
2014-05-01 | ر.س1.00 | quarterly | |
2013-04-15 | ر.س1.00 | quarterly | |
2012-04-09 | ر.س1.00 | quarterly |
Saudi Industrial Investment Dividend per year
Saudi Industrial Investment Dividend growth
Saudi Industrial Investment Dividend Yield
Saudi Industrial Investment current trailing twelve-month (TTM) dividend yield is 5.65%. Interested in purchasing Saudi Industrial Investment stock? Use our calculator to estimate your expected dividend yield:
Saudi Industrial Investment Financial Ratios
Saudi Industrial Investment Dividend FAQ
Other factors to consider when evaluating Saudi Industrial Investment 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 Industrial Investment'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 Industrial Investment 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 Industrial Investment 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 Industrial Investment 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 Industrial Investment 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 Industrial Investment 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 Industrial Investment 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 Industrial Investment'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 Industrial Investment'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.