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 3.17%
Aqaseem Factory for Chemicals and Plastics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ر.س2.00 | annually | 2024-09-01 |
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 3.17%. 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
Aqaseem Factory for Chemicals and Plastics 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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