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Alujain Corporation manufactures and sells home care products in Saudi Arabia. It operates in two segments, Investments and Manufacturing Home-Care Products. The company offers home care products, such as spray starches and air fresheners; insecticides; and agricultural pesticides. It also manufactures petrochemical products. The company was formerly known as Alujain Holding Corporation and changed its name to Alujain Corporation in May 2022. Alujain Corporation was founded in 1991 and is headquartered in Riyadh, Saudi Arabia.

Alujain Dividend Announcement

Alujain announced a annually dividend of ر.س1.50 per ordinary share which will be made payable on 2022-07-20. Ex dividend date: 2022-07-03
Alujain's trailing twelve-month (TTM) dividend yield is -%

Alujain Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-03ر.س1.50annually2022-07-20
2021-11-07ر.س1.00annually2021-11-18
2017-01-01ر.س1.00annually

Alujain Dividend per year

Alujain Dividend Yield

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

Alujain Financial Ratios

P/E ratio-29.23
PEG ratio40.30
P/B ratio0.79
ROE-3.15%
Payout ratio0.00%
Current ratio3.57
Quick ratio2.97
Cash Ratio1.86

Alujain Dividend FAQ

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