Clean Life Company provides cleaning services for home furniture and general rehabilitative hygiene for new homes in the Kingdom of Saudi Arabia. The company is based in Riyadh, the Kingdom of Saudi Arabia.
Clean Life Dividend Announcement
• Clean Life announced a semi annually dividend of ر.س3.00 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-04
• Clean Life annual dividend for 2024 was ر.س5.00
• Clean Life's trailing twelve-month (TTM) dividend yield is 4.85%
• Clean Life's payout ratio for the trailing twelve months (TTM) is 81.49%
Clean Life Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-04 | ر.س3.00 | semi annually | 2024-08-22 |
| 2024-05-09 | ر.س2.00 | semi annually | 2024-05-29 |
Clean Life Dividend per year
Clean Life Dividend Yield
Clean Life current trailing twelve-month (TTM) dividend yield is 4.85%. Interested in purchasing Clean Life stock? Use our calculator to estimate your expected dividend yield:
Clean Life Financial Ratios
P/E ratio16.79
PEG ratio0.17
P/B ratio7.52
ROE49.21%
Payout ratio81.49%
Current ratio2.78
Quick ratio2.39
Cash Ratio1.62
Clean Life Dividend FAQ
Does Clean Life stock pay dividends?
Clean Life does not currently pay dividends to its shareholders.
Has Clean Life ever paid a dividend?
No, Clean Life has no a history of paying dividends to its shareholders. Clean Life is not known for its dividend payments.
Why doesn't Clean Life pay dividends?
There are several potential reasons why Clean Life 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 Clean Life 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 Clean Life 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 Clean Life a dividend aristocrat?
Clean Life 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 Clean Life a dividend king?
Clean Life 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 Clean Life a dividend stock?
No, Clean Life 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 Clean Life stocks?
To buy Clean Life 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 Clean Life 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 Clean Life 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.