Sumou Real Estate Company, together with its subsidiaries, engages in the construction of residential and non-residential properties in Saudi Arabia. The company operates through Real Estate Project Development; Real Estate Project Management; and Investments. It constructs schools, hospitals, hotels, airports, and prefabricated building on sites; renovates residential and non-residential buildings; and purchases and sells land and real estate properties. The company also acts as a sales agent in food and beverages. The company was founded in 2007 and is headquartered in Al Khobar, Saudi Arabia. Sumou Real Estate Company is a subsidiary of Sumou Holding Company.
Sumou Real Estate Dividend Announcement
• Sumou Real Estate announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-15 • Sumou Real Estate annual dividend for 2024 was ر.س0.50 • Sumou Real Estate annual dividend for 2023 was ر.س2.00 • Sumou Real Estate's trailing twelve-month (TTM) dividend yield is 1.28% • Sumou Real Estate's payout ratio for the trailing twelve months (TTM) is 35.08%
Sumou Real Estate current trailing twelve-month (TTM) dividend yield is 1.28%. Interested in purchasing Sumou Real Estate stock? Use our calculator to estimate your expected dividend yield:
Sumou Real Estate Financial Ratios
P/E ratio18.25
PEG ratio0.18
P/B ratio3.37
ROE19.42%
Payout ratio35.08%
Current ratio1.48
Quick ratio1.44
Cash Ratio0.01
Sumou Real Estate Dividend FAQ
How much is the next Sumou Real Estate dividend?
Sumou Real Estate's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sumou Real Estate dividend. The next Sumou Real Estate dividend will be released in April, or September.
When is Sumou Real Estate dividend paid?
Sumou Real Estate pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. 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 Sumou Real Estate pay?
The specific amount of Sumou Real Estate 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 Sumou Real Estate's dividend history.
Does Sumou Real Estate stock pay dividends?
Yes, Sumou Real Estate 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 Sumou Real Estate's dividend history.
How much dividend does Sumou Real Estate pay?
Sumou Real Estate paid ر.س0.5 in 2024, ر.س2.0 in 2023, ر.س1.0 in 2022, ر.س0.5 in 2021, and ر.س0.0 in 2020.
How often does Sumou Real Estate pay dividends?
Sumou Real Estate typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Sumou Real Estate's dividend yield?
The current dividend yield for Sumou Real Estate is 1.28%. 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 Sumou Real Estate's exact dividend yield.
When does Sumou Real Estate go ex dividend?
Sumou Real Estate's ex-dividend date for the latest dividend was on 2024-09-15. Sumou Real Estate 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 Sumou Real Estate dividend paid?
Sumou Real Estate pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Sumou Real Estate 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 Sumou Real Estate 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 Sumou Real Estate dividend per share?
Sumou Real Estate paid ر.س0.5 per share in 2024 and ر.س2.0 per share in 2023. The amount of dividend per share that Sumou Real Estate 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 Sumou Real Estate 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 Sumou Real Estate 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 Sumou Real Estate a dividend stock?
Yes, Sumou Real Estate is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sumou Real Estate a good dividend stock?
Whether Sumou Real Estate is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sumou Real Estate has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sumou Real Estate 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 Sumou Real Estate pay dividends monthly?
Sumou Real Estate typically pays dividends on a semi annually basis.
Does Sumou Real Estate pay dividends quarterly?
Sumou Real Estate currently pays dividends on a semi annually basis.
Has Sumou Real Estate ever paid a dividend?
Yes, Sumou Real Estate has a history of paying dividends to its shareholders. Sumou Real Estate is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sumou Real Estate dividend stocks?
To buy Sumou Real Estate 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 Sumou Real Estate 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 Sumou Real Estate pay dividends 2024?
Sumou Real Estate pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-30. 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 Sumou Real Estate increase its dividend in 2024?
Decisions regarding Sumou Real Estate 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 Sumou Real Estate dividend overview you can look into the above table of dividend history.
How Sumou Real Estate dividend works?
The Sumou Real Estate 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 Sumou Real Estate's dividend process works:
1. Determination of Dividend: Sumou Real Estate'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, Sumou Real Estate 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, Sumou Real Estate 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 Sumou Real Estate 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 Sumou Real Estate dividends paid?
Sumou Real Estate dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sumou Real Estate 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, Sumou Real Estate distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sumou Real Estate 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 Sumou Real Estate pay dividends?
Sumou Real Estate typically pays dividends on a semi 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 Sumou Real Estate pay dividends?
The general pattern is that Sumou Real Estate pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sumou Real Estate dividend safe?
The safety of Sumou Real Estate'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 Sumou Real Estate'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 Sumou Real Estate'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.