United Wire Factories Company manufactures and markets steel wire products for the construction and building, civil, and industrial sectors in the Kingdom of Saudi Arabia. The company offers steel rebars, wire mesh, block ladder mesh, nails, fences, barbed and concertina wires, and tying wires. It also provides bailing wires, cloth hangers, welded wires mesh, staples clips, and black annealed wires; and black drawn, galvanized, PVC coated, and deformed wires. In addition, the company offers floor gratings, spikes, fence nets, and wire feedstock, as well as hangers for bed nets and metal pins. United Wire Factories Company was founded in 1990 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
United Wire Factories Dividend Announcement
• United Wire Factories announced a annually dividend of ر.س0.75 per ordinary share which will be made payable on 2024-11-24. Ex dividend date: 2024-11-10
• United Wire Factories annual dividend for 2024 was ر.س0.75
• United Wire Factories annual dividend for 2023 was ر.س1.00
• United Wire Factories's trailing twelve-month (TTM) dividend yield is 2.6%
• United Wire Factories's payout ratio for the trailing twelve months (TTM) is 186.84%
• United Wire Factories's dividend growth over the last five years (2018-2023) was 8.80% year
United Wire Factories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-10 | ر.س0.75 | annually | 2024-11-24 |
2023-11-13 | ر.س1.00 | annually | 2023-11-26 |
2022-08-08 | ر.س1.00 | annually | 2022-08-18 |
2022-02-13 | ر.س0.45 | annually | 2022-02-21 |
2021-08-03 | ر.س0.75 | annually | 2021-08-17 |
2021-02-22 | ر.س1.00 | annually | 2021-03-03 |
2020-09-28 | ر.س1.00 | annually | 2020-10-08 |
2020-07-20 | ر.س6.40 | annually | |
2019-07-23 | ر.س0.20 | annually | 2019-08-05 |
2018-05-15 | ر.س0.40 | annually | 2018-05-29 |
2018-05-01 | ر.س0.26 | annually | |
2017-03-27 | ر.س0.52 | annually | 2017-04-10 |
2016-07-31 | ر.س0.80 | annually | |
2016-03-31 | ر.س0.52 | annually | |
2015-08-02 | ر.س0.64 | annually | |
2015-05-04 | ر.س0.40 | annually | |
2014-08-10 | ر.س1.00 | annually | |
2013-07-24 | ر.س1.00 | annually |
United Wire Factories Dividend per year
United Wire Factories Dividend growth
United Wire Factories Dividend Yield
United Wire Factories current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing United Wire Factories stock? Use our calculator to estimate your expected dividend yield:
United Wire Factories Financial Ratios
United Wire Factories Dividend FAQ
Other factors to consider when evaluating United Wire Factories 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 Wire Factories'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 Wire Factories 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 Wire Factories 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 Wire Factories 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 Wire Factories 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 Wire Factories 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 Wire Factories 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 Wire Factories'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 Wire Factories'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.