Middle East Company for Manufacturing and Producing Paper, together with its subsidiaries, produces and sells container boards and industrial papers in the Kingdom of Saudi Arabia, the Middle East, Africa, Asia, and Europe. The company operates through two segments, Manufacturing and Trading. It provides MEPFLUTE high performance fluting, MEPLINER test liner, MEPDUAL dual use, MEPKRAFT Kraft liner board, and MEPWHITE white top test liner products for use in beverages, consumer durables, detergents, industrial goods, and processed food industries. The company also offers MEPCHEM semi-chemical fluting products for frozen and fresh food applications; MEPLAMINATE absorbent Kraft products for laminated furniture and shelves, and counters and floors; and MEPGYPSUM plasterboard liners for interior wall lining systems. In addition, it provides MEPCORE core boards for film, tape and label, textiles, and paper applications. Further, the company is involved in the wholesale and retail of paper and used paper, carton, and plastic waste products. Middle East Company for Manufacturing and Producing Paper was founded in 2000 and is based in Jeddah, Saudi Arabia.
Middle East for Manufacturing and Producing Paper Dividend Announcement
• Middle East for Manufacturing and Producing Paper announced a semi annually dividend of ر.س0.50 per ordinary share which will be made payable on 2023-08-01. Ex dividend date: 2023-07-03 • Middle East for Manufacturing and Producing Paper annual dividend for 2023 was ر.س1.00 • Middle East for Manufacturing and Producing Paper's trailing twelve-month (TTM) dividend yield is -%
Middle East for Manufacturing and Producing Paper Dividend History
Middle East for Manufacturing and Producing Paper Dividend per year
Middle East for Manufacturing and Producing Paper Dividend growth
Middle East for Manufacturing and Producing Paper Dividend Yield
Middle East for Manufacturing and Producing Paper current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Middle East for Manufacturing and Producing Paper stock? Use our calculator to estimate your expected dividend yield:
Middle East for Manufacturing and Producing Paper Financial Ratios
P/E ratio-45.01
PEG ratio3.10
P/B ratio1.92
ROE-4.66%
Payout ratio0.00%
Current ratio2.09
Quick ratio1.72
Cash Ratio1.00
Middle East for Manufacturing and Producing Paper Dividend FAQ
How much is the next Middle East for Manufacturing and Producing Paper dividend?
Middle East for Manufacturing and Producing Paper's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Middle East for Manufacturing and Producing Paper dividend. The next Middle East for Manufacturing and Producing Paper dividend will be released in June, or October.
When is Middle East for Manufacturing and Producing Paper dividend paid?
Middle East for Manufacturing and Producing Paper pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Middle East for Manufacturing and Producing Paper pay?
The specific amount of Middle East for Manufacturing and Producing Paper dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Middle East for Manufacturing and Producing Paper's dividend history.
Does Middle East for Manufacturing and Producing Paper stock pay dividends?
Yes, Middle East for Manufacturing and Producing Paper does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Middle East for Manufacturing and Producing Paper's dividend history.
How much dividend does Middle East for Manufacturing and Producing Paper pay?
Middle East for Manufacturing and Producing Paper paid ر.س0.0 in 2024, ر.س1.0 in 2023, ر.س1.5 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Middle East for Manufacturing and Producing Paper pay dividends?
Middle East for Manufacturing and Producing Paper typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is Middle East for Manufacturing and Producing Paper's dividend yield?
The current dividend yield for Middle East for Manufacturing and Producing Paper is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Middle East for Manufacturing and Producing Paper's exact dividend yield.
When does Middle East for Manufacturing and Producing Paper go ex dividend?
Middle East for Manufacturing and Producing Paper's ex-dividend date for the latest dividend was on 2023-07-03. Middle East for Manufacturing and Producing Paper typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Middle East for Manufacturing and Producing Paper dividend paid?
Middle East for Manufacturing and Producing Paper pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Middle East for Manufacturing and Producing Paper increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Middle East for Manufacturing and Producing Paper will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Middle East for Manufacturing and Producing Paper dividend per share?
Middle East for Manufacturing and Producing Paper paid ر.س0.0 per share in 2024 and ر.س1.0 per share in 2023. The amount of dividend per share that Middle East for Manufacturing and Producing Paper pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Middle East for Manufacturing and Producing Paper a dividend aristocrat?
No, 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 Middle East for Manufacturing and Producing Paper a dividend king?
No, 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 Middle East for Manufacturing and Producing Paper a dividend stock?
Yes, Middle East for Manufacturing and Producing Paper is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Middle East for Manufacturing and Producing Paper a good dividend stock?
Whether Middle East for Manufacturing and Producing Paper is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Middle East for Manufacturing and Producing Paper has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Middle East for Manufacturing and Producing Paper as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Middle East for Manufacturing and Producing Paper pay dividends monthly?
Middle East for Manufacturing and Producing Paper typically pays dividends on a semi annually basis.
Does Middle East for Manufacturing and Producing Paper pay dividends quarterly?
Middle East for Manufacturing and Producing Paper currently pays dividends on a semi annually basis.
Has Middle East for Manufacturing and Producing Paper ever paid a dividend?
Yes, Middle East for Manufacturing and Producing Paper has a history of paying dividends to its shareholders. Middle East for Manufacturing and Producing Paper is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Middle East for Manufacturing and Producing Paper dividend stocks?
To buy Middle East for Manufacturing and Producing Paper 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Middle East for Manufacturing and Producing Paper 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.
When does Middle East for Manufacturing and Producing Paper pay dividends 2024?
Middle East for Manufacturing and Producing Paper pays dividends on a semi annually basis. 2024 dividend payments are in 2023-08-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Middle East for Manufacturing and Producing Paper increase its dividend in 2024?
Decisions regarding Middle East for Manufacturing and Producing Paper dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Middle East for Manufacturing and Producing Paper dividend overview you can look into the above table of dividend history.
How Middle East for Manufacturing and Producing Paper dividend works?
The Middle East for Manufacturing and Producing Paper dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Middle East for Manufacturing and Producing Paper's dividend process works:
1. Determination of Dividend: Middle East for Manufacturing and Producing Paper's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Middle East for Manufacturing and Producing Paper publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Middle East for Manufacturing and Producing Paper distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Middle East for Manufacturing and Producing Paper are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Middle East for Manufacturing and Producing Paper dividends paid?
Middle East for Manufacturing and Producing Paper dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Middle East for Manufacturing and Producing Paper sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Middle East for Manufacturing and Producing Paper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Middle East for Manufacturing and Producing Paper declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Middle East for Manufacturing and Producing Paper pay dividends?
Middle East for Manufacturing and Producing Paper typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Middle East for Manufacturing and Producing Paper pay dividends?
The general pattern is that Middle East for Manufacturing and Producing Paper pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Middle East for Manufacturing and Producing Paper dividend safe?
The safety of Middle East for Manufacturing and Producing Paper's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Middle East for Manufacturing and Producing Paper's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Middle East for Manufacturing and Producing Paper's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.