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: 2022-06-30
• Alujain's trailing twelve-month (TTM) dividend yield is -%
Alujain Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-06-30 | ر.س1.50 | annually | 2022-07-20 |
2021-11-04 | ر.س1.00 | annually | 2021-11-18 |
2016-12-29 | ر.س1.00 | annually | 2017-07-17 |
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
Alujain 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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