Al-Modawat Specialized Medical Company operates a general hospital in the southern Aseer region of Saudi Arabia. The company is based in Muhayil, Saudi Arabia.
Al-Modawat Specialized Medical Dividend Announcement
• Al-Modawat Specialized Medical announced a semi annually dividend of ر.س0.14 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-03
• Al-Modawat Specialized Medical annual dividend for 2024 was ر.س7.14
• Al-Modawat Specialized Medical's trailing twelve-month (TTM) dividend yield is 47.98%
• Al-Modawat Specialized Medical's payout ratio for the trailing twelve months (TTM) is 213.31%
Al-Modawat Specialized Medical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-03 | ر.س0.14 | semi annually | 2024-11-14 |
| 2024-06-10 | ر.س7.00 | semi annually | 2024-06-30 |
Al-Modawat Specialized Medical Dividend per year
Al-Modawat Specialized Medical Dividend Yield
Al-Modawat Specialized Medical current trailing twelve-month (TTM) dividend yield is 47.98%. Interested in purchasing Al-Modawat Specialized Medical stock? Use our calculator to estimate your expected dividend yield:
Al-Modawat Specialized Medical Financial Ratios
P/E ratio30.45
PEG ratio0.30
P/B ratio4.20
ROE18.38%
Payout ratio213.31%
Current ratio2.74
Quick ratio2.54
Cash Ratio1.01
Al-Modawat Specialized Medical Dividend FAQ
Does Al-Modawat Specialized Medical stock pay dividends?
Al-Modawat Specialized Medical does not currently pay dividends to its shareholders.
Has Al-Modawat Specialized Medical ever paid a dividend?
No, Al-Modawat Specialized Medical has no a history of paying dividends to its shareholders. Al-Modawat Specialized Medical is not known for its dividend payments.
Why doesn't Al-Modawat Specialized Medical pay dividends?
There are several potential reasons why Al-Modawat Specialized Medical 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-Modawat Specialized Medical 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-Modawat Specialized Medical 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-Modawat Specialized Medical a dividend aristocrat?
Al-Modawat Specialized Medical 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-Modawat Specialized Medical a dividend king?
Al-Modawat Specialized Medical 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-Modawat Specialized Medical a dividend stock?
No, Al-Modawat Specialized Medical 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-Modawat Specialized Medical stocks?
To buy Al-Modawat Specialized Medical 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-Modawat Specialized Medical 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-Modawat Specialized Medical 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.