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Aqaseem Factory for Chemicals and Plastics Company produces and sells oils and lubricants. It offers automotive lubricants, such as gasoline, diesel, and motorcycle engine oils; gear oil; automatic transmission fluids; brake fluids; industrial lubricants, which include turbine, heat transfer, cutting, slide way, circulating, compressor, and hydraulic oils; marine lubricants; and greases. It operates in Saudi Arabia, Yemen, Egypt Iraq, Jordan, and Palestine. The company was founded in 1997 and is based in Riyadh, Saudi Arabia.

Aqaseem Factory for Chemicals and Plastics Dividend Announcement

Aqaseem Factory for Chemicals and Plastics announced a annually dividend of ر.س2.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-11
Aqaseem Factory for Chemicals and Plastics annual dividend for 2024 was ر.س2.00
Aqaseem Factory for Chemicals and Plastics's trailing twelve-month (TTM) dividend yield is 3.73%

Aqaseem Factory for Chemicals and Plastics Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-11ر.س2.00annually2024-09-01

Aqaseem Factory for Chemicals and Plastics Dividend per year

Aqaseem Factory for Chemicals and Plastics Dividend Yield

Aqaseem Factory for Chemicals and Plastics current trailing twelve-month (TTM) dividend yield is 3.73%. Interested in purchasing Aqaseem Factory for Chemicals and Plastics stock? Use our calculator to estimate your expected dividend yield:

Aqaseem Factory for Chemicals and Plastics Financial Ratios

P/E ratio11.59
PEG ratio-0.50
P/B ratio2.20
ROE19.78%
Payout ratio0.00%
Current ratio1.60
Quick ratio1.26
Cash Ratio0.03

Aqaseem Factory for Chemicals and Plastics Dividend FAQ

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