Theeb Rent A Car Company provides car rental services to individuals, governmental departments, and the private sector in the Kingdom of Saudi Arabia. The company offers long-term and short-term rental, cross border, limousine, and help on accident and road services, as well as cars for elders and special needs. It also sells used cars; and operates maintenance centers. The company offers its services through 51 car rental branches, 10 vehicle maintenance centers, 35 mobile workshops, and two used vehicle sales branches. Theeb Rent A Car Company was founded in 1991 and is headquartered in Riyadh, Saudi Arabia.
Theeb Rent A Car Dividend Announcement
• Theeb Rent A Car announced a quarterly dividend of ر.س0.54 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-26
• Theeb Rent A Car annual dividend for 2024 was ر.س1.93
• Theeb Rent A Car annual dividend for 2023 was ر.س2.16
• Theeb Rent A Car's trailing twelve-month (TTM) dividend yield is 2.56%
• Theeb Rent A Car's payout ratio for the trailing twelve months (TTM) is 46.07%
Theeb Rent A Car Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-26 | ر.س0.54 | quarterly | 2024-12-05 |
2024-08-13 | ر.س0.51 | quarterly | 2024-08-22 |
2024-05-22 | ر.س0.47 | quarterly | 2024-06-04 |
2024-03-20 | ر.س0.41 | quarterly | 2024-04-01 |
2023-11-13 | ر.س0.40 | quarterly | 2023-11-28 |
2023-08-15 | ر.س0.34 | quarterly | 2023-08-23 |
2023-08-13 | ر.س0.34 | quarterly | |
2023-06-04 | ر.س0.49 | quarterly | 2023-06-13 |
2023-04-04 | ر.س0.59 | quarterly | 2023-04-13 |
2022-11-16 | ر.س0.62 | quarterly | 2022-11-27 |
2022-09-11 | ر.س0.50 | quarterly | 2022-09-20 |
2022-06-22 | ر.س0.49 | quarterly | 2022-07-06 |
2022-04-11 | ر.س0.54 | quarterly | 2022-04-20 |
2021-11-23 | ر.س0.40 | quarterly | 2021-12-05 |
2021-09-21 | ر.س0.51 | quarterly | 2021-10-06 |
Theeb Rent A Car Dividend per year
Theeb Rent A Car Dividend growth
Theeb Rent A Car Dividend Yield
Theeb Rent A Car current trailing twelve-month (TTM) dividend yield is 2.56%. Interested in purchasing Theeb Rent A Car stock? Use our calculator to estimate your expected dividend yield:
Theeb Rent A Car Financial Ratios
Theeb Rent A Car Dividend FAQ
Other factors to consider when evaluating Theeb Rent A Car 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: Theeb Rent A Car'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, Theeb Rent A Car 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, Theeb Rent A Car 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 Theeb Rent A Car 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: Theeb Rent A Car 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, Theeb Rent A Car distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Theeb Rent A Car 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 Theeb Rent A Car'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 Theeb Rent A Car'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.