Al-Etihad Cooperative Insurance Company provides insurance services in the Kingdom of Saudi Arabia. It offers property, motor, marine and marine cargo, medical and health, general accident and liability, casualty, engineering and construction, and other general insurance products and services. The company was founded in 1983 and is headquartered in Dhahran, the Kingdom of Saudi Arabia.
Al-Etihad Cooperative Insurance Dividend Announcement
• Al-Etihad Cooperative Insurance announced a annually dividend of ر.س0.54 per ordinary share which will be made payable on 2024-06-10. Ex dividend date: 2024-05-30
• Al-Etihad Cooperative Insurance annual dividend for 2024 was ر.س0.54
• Al-Etihad Cooperative Insurance's trailing twelve-month (TTM) dividend yield is 3.0%
• Al-Etihad Cooperative Insurance's payout ratio for the trailing twelve months (TTM) is 33.80%
Al-Etihad Cooperative Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ر.س0.54 | annually | 2024-06-10 |
Al-Etihad Cooperative Insurance Dividend per year
Al-Etihad Cooperative Insurance Dividend Yield
Al-Etihad Cooperative Insurance current trailing twelve-month (TTM) dividend yield is 3.0%. Interested in purchasing Al-Etihad Cooperative Insurance stock? Use our calculator to estimate your expected dividend yield:
Al-Etihad Cooperative Insurance Financial Ratios
Al-Etihad Cooperative Insurance 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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