Amwaj International Company engages in distributing and selling electronic and home appliances. It distributes air conditioning units, televisions, washing and drying machines, water coolers, refrigerators and freezers, stove and cooking appliances, heaters, and other household appliances. The company was founded in 2001 and is based in Riyadh, Saudi Arabia. Amwaj International Company operates as a subsidiary of Zahran Holding.
Amwaj International Dividend Announcement
• Amwaj International announced a annually dividend of ر.س1.50 per ordinary share which will be made payable on 2023-12-19. Ex dividend date: 2023-12-12
• Amwaj International's trailing twelve-month (TTM) dividend yield is 3.74%
• Amwaj International's payout ratio for the trailing twelve months (TTM) is 82.70%
Amwaj International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-12 | ر.س1.50 | annually | 2023-12-19 |
Amwaj International Dividend per year
Amwaj International Dividend Yield
Amwaj International current trailing twelve-month (TTM) dividend yield is 3.74%. Interested in purchasing Amwaj International stock? Use our calculator to estimate your expected dividend yield:
Amwaj International Financial Ratios
Amwaj International 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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