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AlSaif Stores for Development and Investment Company engages in the retail sale of household utensils, electrical appliances, and home appliances in the Kingdom of Saudi Arabia. The company also sells its products through online. AlSaif Stores for Development and Investment Company was founded in 2006 in and is based in Riyadh, the Kingdom of Saudi Arabia.

Al-Saif Stores for Development & Investment Dividend Announcement

Al-Saif Stores for Development & Investment announced a quarterly dividend of ر.س0.10 per ordinary share which will be made payable on 2023-10-17. Ex dividend date: 2023-10-08
Al-Saif Stores for Development & Investment's trailing twelve-month (TTM) dividend yield is -%
Al-Saif Stores for Development & Investment's payout ratio for the trailing twelve months (TTM) is 67.19%

Al-Saif Stores for Development & Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-08ر.س0.10quarterly2023-10-17
2023-07-10ر.س0.10quarterly2023-07-19
2023-03-26ر.س1.00quarterly2023-04-04
2023-01-01ر.س1.00quarterly2023-01-12

Al-Saif Stores for Development & Investment Dividend per year

Al-Saif Stores for Development & Investment Dividend Yield

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

Al-Saif Stores for Development & Investment Financial Ratios

P/E ratio65.45
PEG ratio1.22
P/B ratio7.79
ROE12.24%
Payout ratio67.19%
Current ratio1.96
Quick ratio0.43
Cash Ratio0.14

Al-Saif Stores for Development & Investment Dividend FAQ

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