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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

P/E ratio28.02
PEG ratio-8.97
P/B ratio3.79
ROE14.37%
Payout ratio0.00%
Current ratio0.49
Quick ratio0.49
Cash Ratio0.03

Lumi Rental Dividend FAQ

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