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ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production facilities in the Middle East and Asia. Its services primarily include offshore and onshore drilling and production services. The company's offshore services comprise drilling and well maintenance, and mobile offshore production unit production services, as well as accommodation, catering, and other shipboard support services. Its onshore services include drilling and maintenance services, as well as repair and maintenance services. The company was founded in 2016 and is headquartered in Al Khobar, the United Arab Emirates.

Ades Dividend Announcement

• Ades announced a annually dividend of ر.س0.22 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-16
• Ades annual dividend for 2024 was ر.س0.22
• Ades's trailing twelve-month (TTM) dividend yield is 1.08%

Ades Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16ر.س0.22annually2024-10-01

Ades Dividend per year

Ades Dividend Yield

Ades current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Ades stock? Use our calculator to estimate your expected dividend yield:

Ades Financial Ratios

P/E ratio33.90
PEG ratio3.05
P/B ratio3.49
ROE12.51%
Payout ratio0.00%
Current ratio1.06
Quick ratio0.91
Cash Ratio0.28

Ades Dividend FAQ

Does Ades stock pay dividends?
Ades does not currently pay dividends to its shareholders.
Has Ades ever paid a dividend?
No, Ades has no a history of paying dividends to its shareholders. Ades is not known for its dividend payments.
Why doesn't Ades pay dividends?
There are several potential reasons why Ades would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Ades ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Ades has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Ades a dividend aristocrat?
Ades is not considered a Dividend Aristocrat. 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 Ades a dividend king?
Ades is not classified as a "Dividend King". 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 Ades a dividend stock?
No, Ades is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Ades stocks?
To buy Ades 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Ades 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.