Thob Al Aseel Company develops, imports, exports, wholesales, and retails fabrics and readymade clothes. It operates through Thobs and Fabrics segments. The company offers thobes, pants, underwear, pajamas, and sleeping robes, as well as miscellaneous products, such as T-shirts, ehram products, and cotton socks. It also sells women's, men's, and children's fabrics and clothing products, as well as sewing supplements. The company operates through a chain of retail outlets under the Al-Jedaie brand. Thob Al Aseel Company was founded in 1970 and is headquartered in Riyadh, Saudi Arabia.
Thob Aleel Dividend Announcement
• Thob Aleel announced a semi annually dividend of ر.س0.09 per ordinary share which will be made payable on 2024-08-18. Ex dividend date: 2024-08-01
• Thob Aleel annual dividend for 2024 was ر.س0.19
• Thob Aleel annual dividend for 2023 was ر.س0.84
• Thob Aleel's trailing twelve-month (TTM) dividend yield is 4.43%
• Thob Aleel's payout ratio for the trailing twelve months (TTM) is 90.71%
• Thob Aleel's dividend growth over the last five years (2018-2023) was -30.05% year
Thob Aleel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ر.س0.09 | semi annually | 2024-08-18 |
2024-03-06 | ر.س0.10 | semi annually | 2024-03-21 |
2023-07-24 | ر.س0.09 | semi annually | 2023-08-07 |
2023-03-21 | ر.س0.75 | semi annually | 2023-04-04 |
2022-08-03 | ر.س0.75 | semi annually | 2022-08-17 |
2022-04-12 | ر.س0.75 | semi annually | 2022-04-26 |
2022-03-31 | ر.س0.75 | semi annually | |
2021-09-19 | ر.س0.56 | semi annually | 2021-09-30 |
2020-09-14 | ر.س0.75 | semi annually | 2020-09-27 |
2020-03-08 | ر.س0.94 | semi annually | 2020-03-18 |
2019-07-25 | ر.س1.00 | semi annually | 2019-08-04 |
2019-05-22 | ر.س1.00 | semi annually | 2019-05-30 |
2018-12-10 | ر.س1.00 | semi annually | 2018-12-25 |
2018-05-27 | ر.س4.00 | semi annually | 2018-06-10 |
2017-09-25 | ر.س4.00 | semi annually | 2017-10-10 |
Thob Aleel Dividend per year
Thob Aleel Dividend growth
Thob Aleel Dividend Yield
Thob Aleel current trailing twelve-month (TTM) dividend yield is 4.43%. Interested in purchasing Thob Aleel stock? Use our calculator to estimate your expected dividend yield:
Thob Aleel Financial Ratios
Thob Aleel Dividend FAQ
Other factors to consider when evaluating Thob Aleel 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: Thob Aleel'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, Thob Aleel 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, Thob Aleel 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 Thob Aleel 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: Thob Aleel 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, Thob Aleel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thob Aleel 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 Thob Aleel'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 Thob Aleel'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.