Middle East Financial Investment Company operates as a financial services company in the Kingdom of Saudi Arabia. It operates through Corporate; Asset management; Real Estate; and Private Equity and Investment Banking segments. The company provides wealth management and strategic advisory services, as well as business insights. It also manages various investments comprising public equity, fixed income, and money market investments; and offers open end Shariah compliant mutual funds, and open funds, as well as discretionary portfolio management product suite. In addition, the company provides financial advisory services for various equity transactions, including initial public offerings, right issues, mergers and acquisitions, and private placements; and private equity funds. Further, it offers services and solutions in the field of real estate investments across various segments, such as residential, retail, office, and hospitality and student accommodation; and corporate finance and advisory, and custody services. The company serves high net worth and other individuals, corporates, and institutions. Middle East Financial Investment Company was incorporated in 2007 and is based in Riyadh, the Kingdom of Saudi Arabia.
Middle East Financial Investment Dividend Announcement
• Middle East Financial Investment announced a quarterly dividend of ر.س0.08 per ordinary share which will be made payable on . Ex dividend date: 2024-02-14
• Middle East Financial Investment annual dividend for 2024 was ر.س0.08
• Middle East Financial Investment's trailing twelve-month (TTM) dividend yield is 1.91%
• Middle East Financial Investment's payout ratio for the trailing twelve months (TTM) is -25.50%
Middle East Financial Investment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-02-14 | ر.س0.08 | quarterly | |
| 2022-10-16 | ر.س0.05 | quarterly | 2022-11-01 |
| 2022-04-19 | ر.س0.10 | quarterly | |
| 2022-04-17 | ر.س0.10 | quarterly | 2022-05-01 |
| 2021-10-17 | ر.س0.05 | quarterly | 2021-12-01 |
Middle East Financial Investment Dividend per year
Middle East Financial Investment Dividend Yield
Middle East Financial Investment current trailing twelve-month (TTM) dividend yield is 1.91%. Interested in purchasing Middle East Financial Investment stock? Use our calculator to estimate your expected dividend yield:
Middle East Financial Investment Financial Ratios
Middle East Financial Investment 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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