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Ash-Sharqiyah Development Co. engages in the agricultural business in Saudi Arabia and internationally. The company is involved in growing vegetables in greenhouses and outdoors. It also engages in production of mixed farming and hydroponics for vegetable production activities. In addition, the company is involved in operation of irrigation systems for agricultural projects and activities relating animal production. Ash-Sharqiyah Development Co. was founded in 1986 and is based in Dammam, Saudi Arabia.

Ash-Sharqiyah Development Dividend Announcement

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

Ash-Sharqiyah Development Dividend History

Ash-Sharqiyah Development Dividend Yield

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

Ash-Sharqiyah Development Financial Ratios

P/E ratio135.42
PEG ratio18.96
P/B ratio1.70
ROE1.27%
Payout ratio0.00%
Current ratio5.71
Quick ratio5.23
Cash Ratio2.25

Ash-Sharqiyah Development Dividend FAQ

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