Yanbu Cement Company, together with its subsidiaries, engages in manufacturing, producing, and trading cement and related products in the Kingdom of Saudi Arabia. The company offers ordinary Portland, Pozzolana Portland, mixed-use finish, and sulphate resistance cement products. It also manufactures cement bags. The company was founded in 1977 and is based in Jeddah, the Kingdom of Saudi Arabia.
Yanbu Cement Dividend Announcement
• Yanbu Cement announced a annually dividend of ر.س0.75 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-05-22
• Yanbu Cement annual dividend for 2024 was ر.س0.75
• Yanbu Cement annual dividend for 2023 was ر.س1.50
• Yanbu Cement's trailing twelve-month (TTM) dividend yield is 3.35%
• Yanbu Cement's payout ratio for the trailing twelve months (TTM) is 80.08%
• Yanbu Cement's dividend growth over the last five years (2018-2023) was -3.04% year
• Yanbu Cement's dividend growth over the last ten years (2013-2023) was -14.28% year
Yanbu Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ر.س0.75 | annually | 2024-06-11 |
2023-06-01 | ر.س1.50 | annually | 2023-06-20 |
2022-12-13 | ر.س0.75 | annually | 2022-12-29 |
2022-06-13 | ر.س0.75 | annually | 2022-06-30 |
2021-12-14 | ر.س1.00 | annually | 2021-12-30 |
2021-08-01 | ر.س1.25 | annually | 2021-08-17 |
2021-03-01 | ر.س1.25 | annually | 2021-03-15 |
2020-10-01 | ر.س1.00 | annually | 2020-10-08 |
2020-06-04 | ر.س1.25 | annually | 2020-06-11 |
2019-10-31 | ر.س0.75 | annually | |
2019-10-06 | ر.س0.75 | annually | 2019-10-17 |
2019-06-11 | ر.س0.50 | annually | 2019-06-30 |
2018-10-16 | ر.س0.50 | annually | 2018-11-04 |
2018-04-16 | ر.س1.25 | annually | 2018-05-01 |
2017-08-16 | ر.س0.75 | annually | 2017-08-29 |
2017-05-01 | ر.س2.00 | annually | 2017-05-15 |
2016-08-02 | ر.س1.00 | annually | |
2016-04-04 | ر.س3.50 | annually | |
2015-08-26 | ر.س1.50 | annually | |
2015-04-13 | ر.س2.50 | annually | |
2014-08-10 | ر.س1.50 | annually | |
2014-03-24 | ر.س2.00 | annually | |
2013-07-17 | ر.س2.00 | annually | |
2013-03-25 | ر.س5.00 | annually |
Yanbu Cement Dividend per year
Yanbu Cement Dividend growth
Yanbu Cement Dividend Yield
Yanbu Cement current trailing twelve-month (TTM) dividend yield is 3.35%. Interested in purchasing Yanbu Cement stock? Use our calculator to estimate your expected dividend yield:
Yanbu Cement Financial Ratios
Yanbu Cement Dividend FAQ
Other factors to consider when evaluating Yanbu Cement 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: Yanbu Cement'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, Yanbu Cement 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, Yanbu Cement 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 Yanbu Cement 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: Yanbu Cement 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, Yanbu Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yanbu Cement 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 Yanbu Cement'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 Yanbu Cement'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.