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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 dateDividend amountDividend typePay date
2023-09-05ر.س0.39annually2023-09-13

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

P/E ratio880.57
PEG ratio8.81
P/B ratio3.53
ROE0.40%
Payout ratio666.99%
Current ratio1.77
Quick ratio0.25
Cash Ratio0.05

Al-Razi Medical Dividend FAQ

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