Lumi Rental Company operates as a car rental and leasing company in Saudi Arabia. The company offers smart vehicle and motorcycle rental services; leasing solutions for corporate and government clients; and limousine services and customized transportation packages for events and occasions. It also engages in the sale, maintenance, and repair of motor vehicles; vehicle parts and accessories; sale of used vehicles; ground transportation of passengers in the cities and suburbs; rental of leisure and sports equipment; and rental of machinery and other equipment, as well as activities of tour operators. Lumi Rental Company was formerly known as Al Tayyar Rent a Car Limited and changed its name to Lumi Rental Company in 2019. The company was founded in 2007 and is based in Riyadh, Saudi Arabia. Lumi Rental Company operates as a subsidiary of Seera Holding Group.
Lumi Rental Dividend Announcement
• Lumi Rental does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Lumi Rental dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Lumi Rental Dividend History
Lumi Rental Dividend Yield
Lumi Rental current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lumi Rental stock? Use our calculator to estimate your expected dividend yield:
Lumi Rental Financial Ratios
Lumi Rental 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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