Tanmiah Food Company manufactures and distributes fresh and processed poultry and poultry related products in Saudi Arabia and internationally. The company operates through three segments: Poultry Production, Further Food Processing, and Feed and Veterinary Services. The Poultry Production segment produces and sells fresh poultry products. The Further Food Processing segment manufactures, processes, and sells processed poultry and other meat products. The Feed and Veterinary Services segment manufactures and sells animal feed; and sells broiler chicks, hatching eggs, animal health products, turnkey poultry and greenhouse projects, and poultry and greenhouse equipment. Tanmiah Food Company sells its products in through a network of distributors, wholesalers, and retailers. The company was formerly known as Tanmiah Foods Trading Company and changed its name to Tanmiah Food Company in May 2019. Tanmiah Food Company is headquartered in in Riyadh, Saudi Arabia. Tanmiah Food Company is a subsidiary of Al Dabbagh Group Holding Company.
Tanmiah Food Dividend Announcement
• Tanmiah Food announced a annually dividend of ر.س1.90 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-06-10
• Tanmiah Food annual dividend for 2024 was ر.س1.90
• Tanmiah Food annual dividend for 2023 was ر.س3.50
• Tanmiah Food's trailing twelve-month (TTM) dividend yield is 1.48%
Tanmiah Food Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-10 | ر.س1.90 | annually | 2024-07-04 |
2023-06-08 | ر.س3.50 | annually | 2023-06-08 |
2022-04-17 | ر.س0.51 | annually | 2022-04-28 |
Tanmiah Food Dividend per year
Tanmiah Food Dividend growth
Tanmiah Food Dividend Yield
Tanmiah Food current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Tanmiah Food stock? Use our calculator to estimate your expected dividend yield:
Tanmiah Food Financial Ratios
Tanmiah Food Dividend FAQ
Other factors to consider when evaluating Tanmiah Food 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: Tanmiah Food'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, Tanmiah Food 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, Tanmiah Food 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 Tanmiah Food 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: Tanmiah Food 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, Tanmiah Food distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tanmiah Food 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 Tanmiah Food'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 Tanmiah Food'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.