Al-Razi Medical Company supplies medical equipment in Saudi Arabia. The company sells hospital beds, steam and suction devices, inhalation devices, masks, needles, oxygen masks, water bladders, bandages, gloves, and ear piercings. It serves hospitals, clinics, medical centers, medical companies, and pharmacies. The company was founded in 1986 and is headquartered in Dammam, Saudi Arabia.
Al-Razi Medical Dividend Announcement
• Al-Razi Medical announced a annually dividend of ر.س0.39 per ordinary share which will be made payable on 2023-09-13. Ex dividend date: 2023-09-05
• Al-Razi Medical's trailing twelve-month (TTM) dividend yield is -%
• Al-Razi Medical's payout ratio for the trailing twelve months (TTM) is 666.99%
Al-Razi Medical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-05 | ر.س0.39 | annually | 2023-09-13 |
Al-Razi Medical Dividend per year
Al-Razi Medical Dividend Yield
Al-Razi Medical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Al-Razi Medical stock? Use our calculator to estimate your expected dividend yield:
Al-Razi Medical Financial Ratios
Al-Razi Medical 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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