Al Jouf Cement Company produces and sells cement in the Kingdom of Saudi Arabia. It provides ordinary Portland, sulphate resistant cement, and pozzolana Portland cement. The company's cement is used to build bases and foundations, bridges and towers, concert roads, sewage plants, concrete pipes, etc. Al Jouf Cement Company was founded in 2006 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Al Jouf Cement Dividend Announcement
• Al Jouf Cement announced a annually dividend of ر.س0.45 per ordinary share which will be made payable on . Ex dividend date: 2013-05-07
• Al Jouf Cement's trailing twelve-month (TTM) dividend yield is -%
Al Jouf Cement Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-05-07 | ر.س0.45 | annually | |
| 2012-06-05 | ر.س0.45 | annually |
Al Jouf Cement Dividend per year
Al Jouf Cement Dividend Yield
Al Jouf Cement current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Al Jouf Cement stock? Use our calculator to estimate your expected dividend yield:
Al Jouf Cement Financial Ratios
P/E ratio25.86
PEG ratio-1.44
P/B ratio0.88
ROE3.45%
Payout ratio0.00%
Current ratio1.24
Quick ratio0.61
Cash Ratio0.02
Al Jouf Cement Dividend FAQ
Does Al Jouf Cement stock pay dividends?
Al Jouf Cement does not currently pay dividends to its shareholders.
Has Al Jouf Cement ever paid a dividend?
No, Al Jouf Cement has no a history of paying dividends to its shareholders. Al Jouf Cement is not known for its dividend payments.
Why doesn't Al Jouf Cement pay dividends?
There are several potential reasons why Al Jouf Cement 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.
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 Jouf Cement 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 Jouf Cement 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 Jouf Cement a dividend aristocrat?
Al Jouf Cement 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 Jouf Cement a dividend king?
Al Jouf Cement 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 Jouf Cement a dividend stock?
No, Al Jouf Cement 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 Jouf Cement stocks?
To buy Al Jouf Cement 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 Jouf Cement 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.
Place an order: Use the brokerage's trading platform to place an order to buy Al Jouf Cement 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.