Southern Province Cement Company engages in the production and sale of cement, clinker, and its derivatives in Saudi Arabia. The company was founded in 1978 and is headquartered in Abha, Saudi Arabia.
Southern Province Cement Dividend Announcement
• Southern Province Cement announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-08-11
• Southern Province Cement annual dividend for 2024 was ر.س1.15
• Southern Province Cement annual dividend for 2023 was ر.س0.85
• Southern Province Cement's trailing twelve-month (TTM) dividend yield is 3.53%
• Southern Province Cement's payout ratio for the trailing twelve months (TTM) is 64.23%
• Southern Province Cement's dividend growth over the last five years (2018-2023) was -10.74% year
• Southern Province Cement's dividend growth over the last ten years (2013-2023) was -19.01% year
Southern Province Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-11 | ر.س0.50 | semi annually | 2024-08-25 |
2024-05-21 | ر.س0.65 | semi annually | 2024-05-29 |
2023-09-04 | ر.س0.35 | semi annually | 2023-09-17 |
2023-05-31 | ر.س0.50 | semi annually | 2023-06-11 |
2022-09-15 | ر.س0.75 | semi annually | 2022-09-26 |
2022-04-13 | ر.س1.25 | semi annually | 2022-04-24 |
2021-08-11 | ر.س1.25 | semi annually | 2021-04-25 |
2020-08-10 | ر.س2.25 | semi annually | 2020-08-23 |
2020-04-06 | ر.س2.25 | semi annually | 2020-04-19 |
2019-10-01 | ر.س1.25 | semi annually | 2019-10-06 |
2019-04-21 | ر.س1.00 | semi annually | 2019-05-01 |
2018-10-01 | ر.س1.00 | semi annually | 2018-10-14 |
2018-04-18 | ر.س0.50 | semi annually | 2018-04-29 |
2017-08-01 | ر.س1.00 | semi annually | 2017-10-01 |
2017-04-23 | ر.س2.25 | semi annually | 2017-04-30 |
2016-07-26 | ر.س2.50 | semi annually | |
2016-03-20 | ر.س3.50 | semi annually | |
2015-07-14 | ر.س2.50 | semi annually | |
2015-03-22 | ر.س3.00 | semi annually | |
2014-08-03 | ر.س2.00 | semi annually | |
2014-03-17 | ر.س4.00 | semi annually | |
2013-07-24 | ر.س3.00 | semi annually | |
2013-03-23 | ر.س4.00 | semi annually |
Southern Province Cement Dividend per year
Southern Province Cement Dividend growth
Southern Province Cement Dividend Yield
Southern Province Cement current trailing twelve-month (TTM) dividend yield is 3.53%. Interested in purchasing Southern Province Cement stock? Use our calculator to estimate your expected dividend yield:
Southern Province Cement Financial Ratios
Southern Province Cement Dividend FAQ
Other factors to consider when evaluating Southern Province Cement 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: Southern Province Cement'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, Southern Province Cement 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, Southern Province Cement 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 Southern Province Cement 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: Southern Province Cement 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, Southern Province Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Southern Province Cement 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 Southern Province Cement'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 Southern Province Cement'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.