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Arabian Contracting Services Company, together with its subsidiaries, engages in advertising and printing businesses in Saudi Arabia. The company prints commercial correspondences, invoices, advertisements, and posters and flyers; constructs residential buildings, casting bases, and foundations, as well as bridges, tunnels, railway lines, roads, and sidewalks; and installs electrical and communication wires. It is also involved in photo engraving; wholesale of gifts and luxuries; and organizing/managing exhibitions and conferences. Arabian Contracting Services Company was founded in 1983 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Arabian Contracting Services Dividend Announcement

• Arabian Contracting Services announced a annually dividend of ر.س0.40 per ordinary share which will be made payable on 2023-07-13. Ex dividend date: 2023-06-21
• Arabian Contracting Services annual dividend for 2023 was ر.س0.40
• Arabian Contracting Services's trailing twelve-month (TTM) dividend yield is -%
• Arabian Contracting Services's payout ratio for the trailing twelve months (TTM) is 13.24%

Arabian Contracting Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-21ر.س0.40annually2023-07-13
2022-10-04ر.س1.90annually2022-10-19
2022-05-10ر.س1.86annually2022-05-19

Arabian Contracting Services Dividend per year

Arabian Contracting Services Dividend Yield

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

Arabian Contracting Services Financial Ratios

P/E ratio29.24
PEG ratio8.30
P/B ratio6.14
ROE22.32%
Payout ratio13.24%
Current ratio1.43
Quick ratio1.40
Cash Ratio0.11

Arabian Contracting Services Dividend FAQ

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