Saudia Dairy & Foodstuff Company engages in the production and distribution of dairy products, beverages, and various foodstuffs in the Kingdom of Saudi Arabia, rest of Gulf Cooperation Council countries, Poland, and internationally. It operates through Drinks and NonDrinks segments. The company offers milk and milk powder, soy drinks, laban, evaporated milk, cheese, cream, fruit drinks, ice cream, butter, tomato products, French fries, and snacks. It provides its products under the Saudia, Crispy, and Majestique brands. Saudia Dairy & Foodstuff Company was incorporated in 1976 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Saudia Dairy & Foodstuff Dividend Announcement
• Saudia Dairy & Foodstuff announced a quarterly dividend of ر.س6.00 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-17
• Saudia Dairy & Foodstuff annual dividend for 2024 was ر.س18.00
• Saudia Dairy & Foodstuff annual dividend for 2023 was ر.س6.00
• Saudia Dairy & Foodstuff's trailing twelve-month (TTM) dividend yield is 5.07%
• Saudia Dairy & Foodstuff's payout ratio for the trailing twelve months (TTM) is 0.73%
• Saudia Dairy & Foodstuff's dividend growth over the last five years (2018-2023) was 8.45% year
• Saudia Dairy & Foodstuff's dividend growth over the last ten years (2013-2023) was 7.18% year
Saudia Dairy & Foodstuff Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ر.س6.00 | quarterly | 2024-10-07 |
2024-05-14 | ر.س6.00 | quarterly | 2024-05-28 |
2024-03-03 | ر.س6.00 | quarterly | |
2023-08-23 | ر.س3.00 | quarterly | 2023-09-10 |
2023-01-08 | ر.س3.00 | quarterly | 2023-01-23 |
2022-06-29 | ر.س3.00 | quarterly | 2022-07-19 |
2022-01-09 | ر.س3.00 | quarterly | 2022-01-25 |
2021-07-13 | ر.س3.00 | quarterly | 2021-08-05 |
2021-01-07 | ر.س3.00 | quarterly | 2021-01-25 |
2020-06-17 | ر.س2.50 | quarterly | 2020-07-05 |
2019-12-05 | ر.س2.50 | quarterly | 2019-12-22 |
2019-06-12 | ر.س2.00 | quarterly | 2019-07-01 |
2018-12-03 | ر.س2.00 | quarterly | 2018-12-12 |
2018-07-03 | ر.س2.00 | quarterly | 2018-07-23 |
2017-12-05 | ر.س2.00 | quarterly | 2017-12-20 |
2017-05-25 | ر.س4.00 | quarterly | 2017-06-06 |
2016-06-02 | ر.س4.00 | quarterly | |
2015-07-01 | ر.س3.50 | quarterly | |
2014-06-25 | ر.س3.50 | quarterly | |
2013-06-25 | ر.س3.00 | quarterly |
Saudia Dairy & Foodstuff Dividend per year
Saudia Dairy & Foodstuff Dividend growth
Saudia Dairy & Foodstuff Dividend Yield
Saudia Dairy & Foodstuff current trailing twelve-month (TTM) dividend yield is 5.07%. Interested in purchasing Saudia Dairy & Foodstuff stock? Use our calculator to estimate your expected dividend yield:
Saudia Dairy & Foodstuff Financial Ratios
Saudia Dairy & Foodstuff Dividend FAQ
Other factors to consider when evaluating Saudia Dairy & Foodstuff 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: Saudia Dairy & Foodstuff'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, Saudia Dairy & Foodstuff 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, Saudia Dairy & Foodstuff 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 Saudia Dairy & Foodstuff 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: Saudia Dairy & Foodstuff 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, Saudia Dairy & Foodstuff distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saudia Dairy & Foodstuff 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 Saudia Dairy & Foodstuff'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 Saudia Dairy & Foodstuff'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.