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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-11-28 | ر.س1.00 | annually | 2019-12-16 |
2017-05-23 | ر.س0.42 | annually | 2017-06-06 |
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
Buruj Cooperative Insurance Dividend FAQ
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.
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