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Jazan Energy and Development Company, together with its subsidiaries, engages in the fisheries, agricultural, industrial, and real estate businesses in Saudi Arabia. The company is involved in the cultivation of mangoes and shrimps; preservation of fish and fish products; cooling and freezing of fruits; production and packaging and distributing of pure filtered water; operates hotels; and other activities. It engages in the buying, selling, and renting of land and real estate properties. Jazan Energy and Development Company was incorporated in 1993 and is headquartered in Jazan, Saudi Arabia.

Jazan Energy and Development Dividend Announcement

Jazan Energy and Development announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2017-08-22. Ex dividend date: 2017-05-03
Jazan Energy and Development's trailing twelve-month (TTM) dividend yield is -%
Jazan Energy and Development's payout ratio for the trailing twelve months (TTM) is -0.01%

Jazan Energy and Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-05-03ر.س0.50semi annually2017-08-22
2017-04-05ر.س0.50semi annually

Jazan Energy and Development Dividend per year

Jazan Energy and Development Dividend Yield

Jazan Energy and Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jazan Energy and Development stock? Use our calculator to estimate your expected dividend yield:

Jazan Energy and Development Financial Ratios

P/E ratio-7.10
PEG ratio-0.95
P/B ratio1.47
ROE-19.27%
Payout ratio-0.01%
Current ratio0.86
Quick ratio0.58
Cash Ratio0.15

Jazan Energy and Development Dividend FAQ

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