United Electronics Company, together with its subsidiaries, engages in the wholesale and retail operations in the Kingdom of Saudi Arabia and internationally. The company operates in two segments, Retail/Whole Sales and Consumer Finance. It is involved in the wholesale and retail trade of electric appliances, electronic gadgets, computers and spare parts and accessories, furniture, medical supplies, and office equipment and tools, as well as offers installation, maintenance, repair, and warranty services. The company also establishes restaurants; and offers third-party marketing services, as well as drones. In addition, it sells video and audio media materials; imports and exports computer software and hardware; imports and exports electronic games; provides maintenance services for electric devices; and develops and manages personal properties. Further, the company is involved in the retail trading of non-customized software, household appliances, toys, games, satellites, and phones. Additionally, it engages in the wholesale trading of spare parts in electrical and digital devices, photocopy and fax machines, telephones, cell phones, video and electric games, digital pocket assistants, printers, and computer-related devices, as well as consumer finance business under the Tasheel brand name. As of April 25, 2022, the company operated 48 eXtra stores in Saudi Arabia and 53 in GCC countries. United Electronics Company was founded in 2002 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
United Electronics Dividend Announcement
• United Electronics announced a semi annually dividend of ر.س2.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-08-01
• United Electronics annual dividend for 2024 was ر.س4.00
• United Electronics annual dividend for 2023 was ر.س3.50
• United Electronics's trailing twelve-month (TTM) dividend yield is 4.03%
• United Electronics's payout ratio for the trailing twelve months (TTM) is 55.34%
• United Electronics's dividend growth over the last five years (2018-2023) was 11.84% year
United Electronics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-01 | ر.س2.00 | semi annually | 2024-08-15 |
| 2024-03-12 | ر.س2.00 | semi annually | |
| 2023-08-03 | ر.س1.50 | semi annually | 2023-08-20 |
| 2023-05-21 | ر.س2.00 | semi annually | 2023-06-04 |
| 2022-08-14 | ر.س2.50 | semi annually | 2022-08-25 |
| 2022-04-17 | ر.س2.50 | semi annually | 2022-04-28 |
| 2022-03-27 | ر.س2.50 | semi annually | |
| 2021-07-15 | ر.س2.00 | semi annually | 2021-08-05 |
| 2021-03-28 | ر.س2.00 | semi annually | 2021-04-12 |
| 2020-08-10 | ر.س1.00 | semi annually | 2020-08-23 |
| 2020-03-16 | ر.س1.04 | semi annually | 2020-04-07 |
| 2019-07-23 | ر.س0.83 | semi annually | 2019-08-08 |
| 2019-04-18 | ر.س1.04 | semi annually | 2019-05-05 |
| 2018-07-18 | ر.س0.75 | semi annually | 2018-07-31 |
| 2018-03-28 | ر.س1.25 | semi annually | 2018-04-10 |
| 2017-07-16 | ر.س0.75 | semi annually | 2017-07-30 |
| 2015-08-05 | ر.س0.50 | semi annually | |
| 2015-04-26 | ر.س0.50 | semi annually | |
| 2014-10-30 | ر.س1.00 | semi annually | |
| 2014-08-06 | ر.س1.00 | semi annually | |
| 2014-06-01 | ر.س1.00 | semi annually | |
| 2014-01-01 | ر.س1.75 | semi annually | |
| 2013-10-01 | ر.س1.25 | semi annually | |
| 2013-04-02 | ر.س2.50 | semi annually |
United Electronics Dividend per year
United Electronics Dividend growth
United Electronics Dividend Yield
United Electronics current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing United Electronics stock? Use our calculator to estimate your expected dividend yield:
United Electronics Financial Ratios
P/E ratio15.78
PEG ratio4.21
P/B ratio5.68
ROE38.68%
Payout ratio55.34%
Current ratio1.44
Quick ratio0.77
Cash Ratio0.11
United Electronics Dividend FAQ
How much is the next United Electronics dividend?
United Electronics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next United Electronics dividend. The next United Electronics dividend will be released in May, or August.
When is United Electronics dividend paid?
United Electronics pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and August. 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 United Electronics pay?
The specific amount of United Electronics 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 United Electronics's dividend history.
Does United Electronics stock pay dividends?
Yes, United Electronics 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 United Electronics's dividend history.
How much dividend does United Electronics pay?
United Electronics paid ر.س4.0 in 2024, ر.س3.5 in 2023, ر.س7.5 in 2022, ر.س4.0 in 2021, and ر.س2.042 in 2020.
How often does United Electronics pay dividends?
United Electronics 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 May, and August.
What is United Electronics's dividend yield?
The current dividend yield for United Electronics is 4.03%. 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 United Electronics's exact dividend yield.
When does United Electronics go ex dividend?
United Electronics's ex-dividend date for the latest dividend was on 2024-08-01. United Electronics 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 United Electronics dividend paid?
United Electronics pays dividends on a semi annually basis, typically around May, or August, but the exact dates can vary each year.
Will United Electronics 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 United Electronics 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 United Electronics dividend per share?
United Electronics paid ر.س4.0 per share in 2024 and ر.س3.5 per share in 2023. The amount of dividend per share that United Electronics 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 United Electronics 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 United Electronics 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 United Electronics a dividend stock?
Yes, United Electronics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is United Electronics a good dividend stock?
Whether United Electronics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. United Electronics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating United Electronics 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.
Other factors to consider when evaluating United Electronics 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 United Electronics pay dividends monthly?
United Electronics typically pays dividends on a semi annually basis.
Does United Electronics pay dividends quarterly?
United Electronics currently pays dividends on a semi annually basis.
Has United Electronics ever paid a dividend?
Yes, United Electronics has a history of paying dividends to its shareholders. United Electronics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy United Electronics dividend stocks?
To buy United Electronics 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 United Electronics 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.
Place an order: Use the brokerage's trading platform to place an order to buy United Electronics 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 United Electronics pay dividends 2024?
United Electronics pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-15. 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 United Electronics increase its dividend in 2024?
Decisions regarding United Electronics 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 United Electronics dividend overview you can look into the above table of dividend history.
How United Electronics dividend works?
The United Electronics 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 United Electronics's dividend process works:
1. Determination of Dividend: United Electronics'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 Electronics 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 Electronics 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 Electronics 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. Determination of Dividend: United Electronics'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 Electronics 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 Electronics 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 Electronics 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 United Electronics dividends paid?
United Electronics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: United Electronics 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 Electronics 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 Electronics 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.
1. Record Date: United Electronics 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 Electronics 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 Electronics 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 United Electronics pay dividends?
United Electronics 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 United Electronics pay dividends?
The general pattern is that United Electronics pays dividends around May, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is United Electronics dividend safe?
The safety of United Electronics'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 United Electronics'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 Electronics'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.
To assess the safety of United Electronics'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 Electronics'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.