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Almawarid Manpower Company provides professional manpower to individuals and businesses in the Kingdom of Saudi Arabia. The company offers professional manpower for Hemma services, including raising children and cooking; and individual services, such as private driver, female domestic worker, house cook, home farmer, nanny, home expeditor, house tea boy, physical therapist, home nurse, home manager, and home tailor. It also provides workforce for technical and administrative occupations in the private sector and government agencies. The company was founded in 2012 and is based in Riyadh, the Kingdom of Saudi Arabia.

Almawarid Manpower Dividend Announcement

Almawarid Manpower announced a semi annually dividend of ر.س1.25 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-14
Almawarid Manpower annual dividend for 2024 was ر.س2.25
Almawarid Manpower annual dividend for 2023 was ر.س1.50
Almawarid Manpower's trailing twelve-month (TTM) dividend yield is 2.13%
Almawarid Manpower's payout ratio for the trailing twelve months (TTM) is 38.36%

Almawarid Manpower Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-14ر.س1.25semi annually2024-08-22
2024-04-03ر.س1.00semi annually
2023-09-14ر.س1.50semi annually2023-09-25

Almawarid Manpower Dividend per year

Almawarid Manpower Dividend Yield

Almawarid Manpower current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Almawarid Manpower stock? Use our calculator to estimate your expected dividend yield:

Almawarid Manpower Financial Ratios

P/E ratio18.01
PEG ratio0.19
P/B ratio4.19
ROE24.18%
Payout ratio38.36%
Current ratio2.06
Quick ratio2.06
Cash Ratio0.43

Almawarid Manpower Dividend FAQ

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