United Development Company Q.P.S.C., together with its subsidiaries, identifies and invests in long-term projects in the State of Qatar. It operates through four segments: Urban Development, Hospitality and Leisure, Infrastructure and Utilities, and Other Operations. The company engages in the reclamation of land covering an area of 985 acres into a manmade island; and the development of the island into various districts comprising housing beachfront villas, town homes, luxury apartments, retail shopping complexes, penthouses, five-star hotels, marinas, and schools with related infrastructure and community facilities. It is also involved in the construction, ownership, and operation of district cooling systems; operation of marinas; sale of marine related equipment; and investment and management of restaurants, as well as purchase and sale of fast-moving consumer goods in the hospitality sector. In addition, the company invests in and develops real estate properties; manages and operates schools; and operates and develops hotels and resorts, as well as provides advertising, registry and master community, property management support, and information technology services. United Development Company Q.P.S.C. was incorporated in 1999 and is based in Doha, Qatar.
United Development Dividend Announcement
• United Development announced a annually dividend of ر.ق0.06 per ordinary share which will be made payable on 2024-04-01. Ex dividend date: 2024-04-01
• United Development annual dividend for 2024 was ر.ق0.06
• United Development annual dividend for 2023 was ر.ق0.06
• United Development's trailing twelve-month (TTM) dividend yield is 4.79%
• United Development's payout ratio for the trailing twelve months (TTM) is 47.07%
• United Development's dividend growth over the last five years (2018-2023) was -66.22% year
• United Development's dividend growth over the last ten years (2013-2023) was -40.57% year
United Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-01 | ر.ق0.06 | annually | 2024-04-01 |
2023-03-07 | ر.ق0.06 | annually | 2023-04-01 |
2022-03-10 | ر.ق0.06 | annually | 2022-05-01 |
2021-03-04 | ر.ق0.05 | annually | 2021-05-01 |
2020-03-04 | ر.ق0.05 | annually | 2020-05-01 |
2019-02-27 | ر.ق10.00 | annually | 2019-05-01 |
2018-03-22 | ر.ق12.50 | annually | 2018-05-01 |
2017-03-14 | ر.ق12.50 | annually | 2017-05-01 |
2016-03-09 | ر.ق15.00 | annually | |
2015-03-10 | ر.ق12.50 | annually | |
2014-03-26 | ر.ق10.00 | annually | |
2013-02-25 | ر.ق10.00 | annually |
United Development Dividend per year
United Development Dividend growth
United Development Dividend Yield
United Development current trailing twelve-month (TTM) dividend yield is 4.79%. Interested in purchasing United Development stock? Use our calculator to estimate your expected dividend yield:
United Development Financial Ratios
United Development Dividend FAQ
Other factors to consider when evaluating United Development 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: United Development'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, United Development 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, United Development 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 United Development 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: United Development 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, United Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: United Development 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 United Development'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 United Development'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.