Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Dividend Yield % : 6.33% (As of May. 19, 2024)

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What is Ali Alghanim Sons Automotive Co KSC Dividend Yield %?

As of today (2024-05-19), the Trailing Annual Dividend Yield of Ali Alghanim Sons Automotive Co KSC is 6.33%.

Good Sign:

Ali Alghanim Sons Automotive Co KSC stock dividend yield is close to 2-year high.

The historical rank and industry rank for Ali Alghanim Sons Automotive Co KSC's Dividend Yield % or its related term are showing as below:

KUW:ALG' s Dividend Yield % Range Over the Past 10 Years
Min: 2.61 Med: 5.15 Max: 6.73
Current: 6.33

During the past 3 years, the highest Dividend Yield of Ali Alghanim Sons Automotive Co KSC was 6.73%. The lowest was 2.61%. And the median was 5.15%.

KUW:ALG's Dividend Yield % is ranked better than
92.54% of 804 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs KUW:ALG: 6.33

Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 3 years, the highest Dividend Payout Ratio of Ali Alghanim Sons Automotive Co KSC was 0.66. The lowest was 0.33. And the median was 0.50.

As of today (2024-05-19), the Forward Dividend Yield % of Ali Alghanim Sons Automotive Co KSC is 6.33%.

Ali Alghanim Sons Automotive Co KSC's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

During the past 12 months, Ali Alghanim Sons Automotive Co KSC's average Dividends Per Share Growth Rate was -39.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Ali Alghanim Sons Automotive Co KSC Dividend Yield % Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ali Alghanim Sons Automotive Co KSC Dividend Yield % Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Yield %

2.95

6.53

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Yield %	Get a 7-Day Free Trial							2.58	5.80	5.95	6.53	5.92

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Dividend Yield %

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ali Alghanim Sons Automotive Co KSC's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's Dividend Yield % falls into.

Ali Alghanim Sons Automotive Co KSC Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ali Alghanim Sons Automotive Co KSC Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
KWD 0.035000	2024-04-17	2024-04-21	2024-04-23	Cash Dividend	semi-annually	KWD:KWD 1.000000
KWD 0.035000	2023-08-14	2023-08-16	2023-08-21	Cash Dividend	semi-annually	KWD:KWD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ali Alghanim Sons Automotive Co KSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.07	/	1.105
	=	6.33 %

Current Share Price is KWD1.105.
Ali Alghanim Sons Automotive Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.07.

Ali Alghanim Sons Automotive Co KSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.07	/	1.105
	=	6.33 %

Current Share Price is KWD1.105.
Ali Alghanim Sons Automotive Co KSC's Dividends per Share for the forward twelve months is calculated as KWD0.035 * 2 = KWD0.07.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Ali Alghanim Sons Automotive Co KSC Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Ali Alghanim Sons Automotive Co KSC's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.