Knowledge Tower primarily operates as a book's distribution company in the Kingdom of Saudi Arabia. It also provides educational consulting services for the development of multidisciplinary educational programs and various educational tools. The company was founded in 2009 and is based in Riyadh, the Kingdom of Saudi Arabia.
Knowledge Tower Dividend Announcement
• Knowledge Tower announced a annually dividend of ر.س0.15 per ordinary share which will be made payable on . Ex dividend date: 2024-03-04
• Knowledge Tower annual dividend for 2024 was ر.س0.15
• Knowledge Tower annual dividend for 2023 was ر.س16.40
• Knowledge Tower's trailing twelve-month (TTM) dividend yield is 1.05%
• Knowledge Tower's payout ratio for the trailing twelve months (TTM) is 22.06%
Knowledge Tower Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-04 | ر.س0.15 | annually | |
2023-09-25 | ر.س0.15 | annually | 2023-10-05 |
2023-07-06 | ر.س15.00 | annually | 2023-07-06 |
2023-02-13 | ر.س1.25 | annually | 2023-03-01 |
Knowledge Tower Dividend per year
Knowledge Tower Dividend Yield
Knowledge Tower current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Knowledge Tower stock? Use our calculator to estimate your expected dividend yield:
Knowledge Tower Financial Ratios
Knowledge Tower 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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