company-logo

Buruj Cooperative Insurance Company provides various general insurance products to individuals and business customers in the Kingdom of Saudi Arabia. The company operates through five segments: Motor Insurance, Medical Products, Property, Marine Products, and Others. It also offers property and fire, general and personal accident, travel, extended warranty, liability, engineering, motor, medical malpractice, and marine insurance products; and workers compensation, fidelity guarantee, erection all risks, electronic equipment, deterioration of cold storage, money, machinery, term life, contractors' all risks and plant and machinery, professional indemnity, loss of profits following machinery breakdown, and broiler and pressure vessel insurance. The company was founded in 2008 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Buruj Cooperative Insurance Dividend Announcement

Buruj Cooperative Insurance announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2019-12-16. Ex dividend date: 2019-11-28
Buruj Cooperative Insurance's trailing twelve-month (TTM) dividend yield is -%

Buruj Cooperative Insurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-11-28ر.س1.00annually2019-12-16
2017-05-23ر.س0.42annually2017-06-06

Buruj Cooperative Insurance Dividend per year

Buruj Cooperative Insurance Dividend Yield

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

Buruj Cooperative Insurance Financial Ratios

P/E ratio38.43
PEG ratio-2.42
P/B ratio1.24
ROE3.28%
Payout ratio0.00%
Current ratio27.56
Quick ratio27.56
Cash Ratio11.97

Buruj Cooperative Insurance Dividend FAQ

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