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 1.17%
Ades Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | ر.س0.22 | annually | 2024-10-01 |
Ades Dividend per year
Ades Dividend Yield
Ades current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing Ades stock? Use our calculator to estimate your expected dividend yield:
Ades Financial Ratios
Ades Dividend FAQ
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.
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