The activities of the company according to Commercial Registration No.1010160878 issued in the city of Riyadh on 23/5/1421 AH corresponding to 24/8/2000 are as follows: Activity: -Wholesale of computers and their accessories, including sale of printers and their inks. -Software wholesale includes import. -systems analysis. -Design and programming of own software. - Information and Communication - Wholesale and retail trade and repair of motor vehicles and motorcycles. The company carries out its activities in accordance with the applicable regulations and after obtaining the necessary licenses from the competent authorities, if any. The company has obtained all the statutory licenses necessary for the current activities, all of which are valid until the date of this Prospectus. And for more information about the licenses that the company carries out its activities Accordingly, please see section 3Licenses and Approvals in this Prospectus. The company''s current actual activity is represented in two main axes The first axis: products Knowledge Network develops and sells its own business-centric products directly. The company has three main programs. The first is the Trade net software package which contains several components in the field of automating the financial services sector. The second is the Data ability software package that is specialized in cleaning and transferring data automatically for most sectors, but with a greater focus in the banking sector. The third is the Soft more program, which is a unique platform for building programs and is used in building company programs in addition to other companies'' programs. The second axis: strategic projects: The strategic projects in which the company entered are of two types. The first type: projects providing technical consulting or highly experienced and specialized consultants to clients. The second type: is partnership projects with the private sector or the public sector, and it is by participation in the capital. It is agreed between the two parties on a percentage of participation in the capital of the invested company
Knowledge Net Dividend Announcement
• Knowledge Net announced a annually dividend of ر.س0.50 per ordinary share which will be made payable on 2023-07-17. Ex dividend date: 2023-07-02
• Knowledge Net's trailing twelve-month (TTM) dividend yield is -%
• Knowledge Net's payout ratio for the trailing twelve months (TTM) is -30.58%
Knowledge Net Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-02 | ر.س0.50 | annually | 2023-07-17 |
Knowledge Net Dividend per year
Knowledge Net Dividend Yield
Knowledge Net current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Knowledge Net stock? Use our calculator to estimate your expected dividend yield:
Knowledge Net Financial Ratios
Knowledge Net 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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