Arabian Shield Cooperative Insurance Company provides various insurance products to companies and individuals in the Kingdom of Saudi Arabia. It offers medical, motor, property, engineering, marine, liability, accident, casualty, protection and saving, travel, and medical malpractice insurance, as well as reinsurance products. The company was founded in 1998 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Arabian Shield Cooperative Insurance Dividend Announcement
• Arabian Shield Cooperative Insurance announced a annually dividend of ر.س2.00 per ordinary share which will be made payable on 2017-04-16. Ex dividend date: 2017-04-02
• Arabian Shield Cooperative Insurance's trailing twelve-month (TTM) dividend yield is -%
Arabian Shield Cooperative Insurance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-04-02 | ر.س2.00 | annually | 2017-04-16 |
Arabian Shield Cooperative Insurance Dividend per year
Arabian Shield Cooperative Insurance Dividend Yield
Arabian Shield Cooperative Insurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Arabian Shield Cooperative Insurance stock? Use our calculator to estimate your expected dividend yield:
Arabian Shield Cooperative Insurance Financial Ratios
P/E ratio22.54
PEG ratio1.18
P/B ratio0.92
ROE4.41%
Payout ratio0.00%
Current ratio4.02
Quick ratio4.02
Cash Ratio0.81
Arabian Shield Cooperative Insurance Dividend FAQ
Does Arabian Shield Cooperative Insurance stock pay dividends?
Arabian Shield Cooperative Insurance does not currently pay dividends to its shareholders.
Has Arabian Shield Cooperative Insurance ever paid a dividend?
No, Arabian Shield Cooperative Insurance has no a history of paying dividends to its shareholders. Arabian Shield Cooperative Insurance is not known for its dividend payments.
Why doesn't Arabian Shield Cooperative Insurance pay dividends?
There are several potential reasons why Arabian Shield Cooperative Insurance 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.
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 Shield Cooperative Insurance 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 Shield Cooperative Insurance 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 Shield Cooperative Insurance a dividend aristocrat?
Arabian Shield Cooperative Insurance 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 Shield Cooperative Insurance a dividend king?
Arabian Shield Cooperative Insurance 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 Shield Cooperative Insurance a dividend stock?
No, Arabian Shield Cooperative Insurance 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 Shield Cooperative Insurance stocks?
To buy Arabian Shield Cooperative Insurance 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 Shield Cooperative Insurance 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.
Place an order: Use the brokerage's trading platform to place an order to buy Arabian Shield Cooperative Insurance 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.