Saudi Industrial Services Company, together with its subsidiaries, undertakes capital investment in desalination plants, ports and container terminals, industrial estate development, bonded and re-export zones, and other projects in the Kingdom of Saudi Arabia. The company operates through three segments: Port Development and Operations; Logistic Parks and Support Services; and Water Desalination and Distribution. It manages and operates storage and re-export project located on the land leased from Jeddah Islamic port; and develops, constructs, operates, and maintains container terminals, and excavation and back filling works. The company is also involved in water desalination and treatment plant activities, as well as the sale of water. In addition, it develops and operates industrial zones; constructs and operates restaurants, and catering and entertainment centers; constructs residential buildings, malls, hospitals and health care services buildings, gas stations, and auto servicing and maintenance workshops; and purchases land for the construction of buildings, as well as invests in land for sale or lease. The company was incorporated in 1988 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Saudi Industrial Services Dividend Announcement
• Saudi Industrial Services announced a semi annually dividend of ر.س0.40 per ordinary share which will be made payable on . Ex dividend date: 2024-03-26
• Saudi Industrial Services annual dividend for 2024 was ر.س0.40
• Saudi Industrial Services annual dividend for 2023 was ر.س0.80
• Saudi Industrial Services's trailing twelve-month (TTM) dividend yield is 1.35%
• Saudi Industrial Services's payout ratio for the trailing twelve months (TTM) is 326.49%
• Saudi Industrial Services's dividend growth over the last five years (2018-2023) was 21.67% year
Saudi Industrial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-26 | ر.س0.40 | semi annually | |
2023-09-04 | ر.س0.40 | semi annually | 2023-09-21 |
2023-05-01 | ر.س0.40 | semi annually | 2023-05-16 |
2022-08-22 | ر.س0.40 | semi annually | 2022-09-08 |
2022-03-13 | ر.س0.40 | semi annually | 2022-03-27 |
2021-11-04 | ر.س0.40 | semi annually | 2021-11-23 |
2021-05-06 | ر.س0.80 | semi annually | 2021-05-06 |
2020-04-14 | ر.س0.60 | semi annually | 2020-04-14 |
2019-05-08 | ر.س0.40 | semi annually | 2019-05-26 |
2018-05-24 | ر.س0.30 | semi annually | 2018-06-10 |
2016-05-03 | ر.س0.50 | semi annually | |
2015-05-06 | ر.س0.50 | semi annually |
Saudi Industrial Services Dividend per year
Saudi Industrial Services Dividend growth
Saudi Industrial Services Dividend Yield
Saudi Industrial Services current trailing twelve-month (TTM) dividend yield is 1.35%. Interested in purchasing Saudi Industrial Services stock? Use our calculator to estimate your expected dividend yield:
Saudi Industrial Services Financial Ratios
Saudi Industrial Services Dividend FAQ
Other factors to consider when evaluating Saudi Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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.