Jamjoom Pharmaceuticals Factory Company manufactures and markets pharmaceutical products in the Kingdom of Saudi Arabia and internationally. The company offers products in the therapeutic areas of ophthalmology, dermatology, gastrointestinal, cardiovascular, central nervous system, over the counter, general medicine, and nutraceuticals/consumer health. The company was founded in 1994 and is based in Jeddah, the Kingdom of Saudi Arabia.
Jamjoom Pharmaceuticals Factory Dividend Announcement
• Jamjoom Pharmaceuticals Factory announced a semi annually dividend of ر.س1.60 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-08-15
• Jamjoom Pharmaceuticals Factory annual dividend for 2024 was ر.س3.10
• Jamjoom Pharmaceuticals Factory annual dividend for 2023 was ر.س1.00
• Jamjoom Pharmaceuticals Factory's trailing twelve-month (TTM) dividend yield is 2.01%
• Jamjoom Pharmaceuticals Factory's payout ratio for the trailing twelve months (TTM) is 62.11%
Jamjoom Pharmaceuticals Factory Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | ر.س1.60 | semi annually | 2024-08-25 |
2024-06-04 | ر.س1.50 | semi annually | 2024-06-13 |
2023-08-21 | ر.س1.00 | semi annually | 2023-09-03 |
Jamjoom Pharmaceuticals Factory Dividend per year
Jamjoom Pharmaceuticals Factory Dividend Yield
Jamjoom Pharmaceuticals Factory current trailing twelve-month (TTM) dividend yield is 2.01%. Interested in purchasing Jamjoom Pharmaceuticals Factory stock? Use our calculator to estimate your expected dividend yield:
Jamjoom Pharmaceuticals Factory Financial Ratios
Jamjoom Pharmaceuticals Factory 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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