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Arabian Plastic Industrial Company Limited produces and sells injection molding, extrusion film, blow molding, and thermoforming disposable products in the Kingdom of Saudi Arabia. It offers film products, such as car seat covers and floor mats; green house, jumbo, shrink, and wrap rolls; grip-hole, jumbo, loop-handle, medical trash, shopping, T-shirt, trash, and wicket hole bags; and slitted sheets. The company also provides thermoform plastic packaging products, including cups, trays, containers, dishes, lids, lunch boxes, and bowls, as well as PP/PET sheet rolls; and blow molding products comprising a range of bottles and cans. In addition, it offers injection molding products, such as pails, food and microwave containers, cups, baby slider and ladder, battery containers, buckets, various caps and lids, crates, drinking water caps/covers, pallets, bowls and dishes, and wash basins. The company was founded in 1996 and is based in Jeddah, the Kingdom of Saudi Arabia.

Arabian Plastic Industrial Dividend Announcement

• Arabian Plastic Industrial does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Arabian Plastic Industrial dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Arabian Plastic Industrial Dividend History

Arabian Plastic Industrial Dividend Yield

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

Arabian Plastic Industrial Financial Ratios

P/E ratio15.31
PEG ratio0.40
P/B ratio1.79
ROE11.98%
Payout ratio0.00%
Current ratio1.05
Quick ratio0.65
Cash Ratio0.06

Arabian Plastic Industrial Dividend FAQ

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