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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-08 | ر.س0.10 | quarterly | 2023-10-17 |
2023-07-10 | ر.س0.10 | quarterly | 2023-07-19 |
2023-03-26 | ر.س1.00 | quarterly | 2023-04-04 |
2023-01-01 | ر.س1.00 | quarterly | 2023-01-12 |
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
Al-Saif Stores for Development & Investment 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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