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Alkhorayef Water & Power Technologies designs, constructs, operates, maintains, and manages water and wastewater projects in Saudi Arabia. The company operates through three segments: Water, Waste Water, and Integrated Solutions. It provides engineering, procurement, and construction; and operation and maintenance services. The company's services cover domestic and industrial wastewater plants, water treatment plants, water desalination plants, water and wastewater pipelines & networks, brackish water treatment plants, water, sewer and storm water networks, pumping and lifting stations, transmission pipelines, deep water wells, electro-mechanical works, heavy civil and critical infrastructure, environmental services, scale design and value engineering, and conservation services. Its customers include government agencies and private customers. The company is based in Riyadh, Saudi Arabia. Alkhorayef Water & Power Technologies is a subsidiary of Alkhorayef Group Company.

Alkhorayef Water & Power Technologies Dividend Announcement

Alkhorayef Water & Power Technologies announced a semi annually dividend of ر.س1.50 per ordinary share which will be made payable on 2022-11-29. Ex dividend date: 2022-11-09
Alkhorayef Water & Power Technologies's trailing twelve-month (TTM) dividend yield is -%

Alkhorayef Water & Power Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-11-09ر.س1.50semi annually2022-11-29
2022-03-23ر.س1.50semi annually2022-03-30
2021-09-06ر.س1.50semi annually2021-09-19

Alkhorayef Water & Power Technologies Dividend per year

Alkhorayef Water & Power Technologies Dividend Yield

Alkhorayef Water & Power Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alkhorayef Water & Power Technologies stock? Use our calculator to estimate your expected dividend yield:

Alkhorayef Water & Power Technologies Financial Ratios

P/E ratio29.84
PEG ratio-7.43
P/B ratio8.70
ROE33.57%
Payout ratio0.00%
Current ratio1.32
Quick ratio1.21
Cash Ratio0.13

Alkhorayef Water & Power Technologies Dividend FAQ

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