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Al Gassim Investment Holding Company invests in agriculture business in the Kingdom of Saudi Arabia. It engages in the manufacturing and selling of agricultural products; and import of seeds. The company was formerly known as Qassim Agriculture Company and changed its name to Al Gassim Investment Holding Co. in January 2017. Al Gassim Investment Holding Company was founded in 1984 and is based in Buraydah, the Kingdom of Saudi Arabia.

Al Gassim Investment Dividend Announcement

Al Gassim Investment announced a semi annually dividend of ر.س0.25 per ordinary share which will be made payable on 2017-07-24. Ex dividend date: 2017-07-04
Al Gassim Investment's trailing twelve-month (TTM) dividend yield is -%
Al Gassim Investment's payout ratio for the trailing twelve months (TTM) is -0.41%

Al Gassim Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-07-04ر.س0.25semi annually2017-07-24
2017-06-11ر.س0.24semi annually

Al Gassim Investment Dividend per year

Al Gassim Investment Dividend Yield

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

Al Gassim Investment Financial Ratios

P/E ratio-55.48
PEG ratio-4.09
P/B ratio1.97
ROE-3.52%
Payout ratio-0.41%
Current ratio0.73
Quick ratio0.73
Cash Ratio0.60

Al Gassim Investment Dividend FAQ

Does Al Gassim Investment stock pay dividends?
Al Gassim Investment does not currently pay dividends to its shareholders.
Has Al Gassim Investment ever paid a dividend?
No, Al Gassim Investment has no a history of paying dividends to its shareholders. Al Gassim Investment is not known for its dividend payments.
Why doesn't Al Gassim Investment pay dividends?
There are several potential reasons why Al Gassim Investment 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 Al Gassim Investment 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 Al Gassim Investment 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 Al Gassim Investment a dividend aristocrat?
Al Gassim Investment 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 Al Gassim Investment a dividend king?
Al Gassim Investment 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 Al Gassim Investment a dividend stock?
No, Al Gassim Investment 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 Al Gassim Investment stocks?
To buy Al Gassim Investment 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 Al Gassim Investment 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.