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The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides insurance and reinsurance products and related activitiesin the Kingdom of Saudi Arabia. It offers motor third party liability and comprehensive motor insurance products, as well as group health insurance products. The company also provides protection and savings, travel, property, engineering, contractors' all risks, machinery breakdown, stock deterioration, contractors' equipment, erection all risks, electronic device, aviation and air transport, money, comprehensive bank, fidelity, personal accidents, professional and product liability, workers' compensation and employer liability, marine cargo, and marine hull insurance products. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company was founded in 2006 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Mediterranean and Gulf Cooperative Insurance and Reinsurance Dividend Announcement

• Mediterranean and Gulf Cooperative Insurance and Reinsurance announced a annually dividend of ر.س1.31 per ordinary share which will be made payable on . Ex dividend date: 2012-04-01
• Mediterranean and Gulf Cooperative Insurance and Reinsurance's trailing twelve-month (TTM) dividend yield is -%

Mediterranean and Gulf Cooperative Insurance and Reinsurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-04-01ر.س1.31annually
2011-05-09ر.س0.82annually

Mediterranean and Gulf Cooperative Insurance and Reinsurance Dividend per year

Mediterranean and Gulf Cooperative Insurance and Reinsurance Dividend Yield

Mediterranean and Gulf Cooperative Insurance and Reinsurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mediterranean and Gulf Cooperative Insurance and Reinsurance stock? Use our calculator to estimate your expected dividend yield:

Mediterranean and Gulf Cooperative Insurance and Reinsurance Financial Ratios

P/E ratio15.37
PEG ratio0.89
P/B ratio2.52
ROE17.46%
Payout ratio0.00%
Current ratio33.80
Quick ratio33.80
Cash Ratio14.36

Mediterranean and Gulf Cooperative Insurance and Reinsurance Dividend FAQ

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