Table of Contents

company-logo

Allied Cooperative Insurance Group engages in cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The company operates in four segments: Motor Insurance, Medical Insurance, General Accident Insurance, and Others. It provides motor comprehensive and third-party liability, medical, travel, home, shop, and visitor insurance products; general accident insurance products, such as money, fidelity guarantee, business all risk, business travel, and exhibition insurance; and liability insurance products, such as general third-party liability, product liability, workmen's compensation/employer's liability, and professional indemnity. The company also offers engineering insurance products comprising deterioration of stocks, machinery breakdown, electronic equipment, contractor's all risks, erection all risks, and loss of profit following machinery breakdown; and property all risks and fire insurance policies. In addition, it offers medical malpractice, personal accident, and medical and marine insurance products. The company was incorporated in 2006 and is based in Jeddah, the Kingdom of Saudi Arabia.

Allied Cooperative Insurance Dividend Announcement

• Allied Cooperative Insurance does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Allied Cooperative Insurance dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Allied Cooperative Insurance Dividend History

Allied Cooperative Insurance Dividend Yield

Allied Cooperative Insurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Allied Cooperative Insurance stock? Use our calculator to estimate your expected dividend yield:

Allied Cooperative Insurance Financial Ratios

P/E ratio5.19
PEG ratio-0.65
P/B ratio1.42
ROE29.39%
Payout ratio0.00%
Current ratio20.76
Quick ratio20.76
Cash Ratio3.24

Allied Cooperative Insurance Dividend FAQ

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