Foods Gate Trading Co. operates restaurants under the Tokyo and Kimono brand names in Saudi Arabia. The company was founded in 2005 and is headquartered in Riyadh, Saudi Arabia.
Foods Gate Trading Dividend Announcement
• Foods Gate Trading announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-20
• Foods Gate Trading annual dividend for 2024 was ر.س1.00
• Foods Gate Trading's trailing twelve-month (TTM) dividend yield is 1.75%
Foods Gate Trading Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-20 | ر.س1.00 | annually | 2024-06-03 |
Foods Gate Trading Dividend per year
Foods Gate Trading Dividend Yield
Foods Gate Trading current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Foods Gate Trading stock? Use our calculator to estimate your expected dividend yield:
Foods Gate Trading Financial Ratios
P/E ratio14.25
PEG ratio2.99
P/B ratio2.61
ROE18.76%
Payout ratio0.00%
Current ratio0.83
Quick ratio0.62
Cash Ratio0.42
Foods Gate Trading Dividend FAQ
Does Foods Gate Trading stock pay dividends?
Foods Gate Trading does not currently pay dividends to its shareholders.
Has Foods Gate Trading ever paid a dividend?
No, Foods Gate Trading has no a history of paying dividends to its shareholders. Foods Gate Trading is not known for its dividend payments.
Why doesn't Foods Gate Trading pay dividends?
There are several potential reasons why Foods Gate Trading 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 Foods Gate Trading 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 Foods Gate Trading 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 Foods Gate Trading a dividend aristocrat?
Foods Gate Trading 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 Foods Gate Trading a dividend king?
Foods Gate Trading 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 Foods Gate Trading a dividend stock?
No, Foods Gate Trading 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 Foods Gate Trading stocks?
To buy Foods Gate Trading 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 Foods Gate Trading 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 Foods Gate Trading 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.