Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells flexible electric, coaxial, rubber, and nylon coated wires and cables primarily in the Kingdom of Saudi Arabia, Jordan, and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; power and control cables that are primarily used in the construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications. In addition, the company produces and sells safety and anti-fire wires and cables, as well as engages in the control and transmission of information cables. Middle East Specialized Cables Company was incorporated in 1992 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Middle East Specialized Cables Dividend Announcement
• Middle East Specialized Cables announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2010-03-31. Ex dividend date: 2010-03-22 • Middle East Specialized Cables's trailing twelve-month (TTM) dividend yield is -%
Middle East Specialized Cables current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Middle East Specialized Cables stock? Use our calculator to estimate your expected dividend yield:
Middle East Specialized Cables Financial Ratios
P/E ratio18.79
PEG ratio-0.58
P/B ratio3.33
ROE19.16%
Payout ratio0.00%
Current ratio1.85
Quick ratio1.25
Cash Ratio0.10
Middle East Specialized Cables Dividend FAQ
How much is the next Middle East Specialized Cables dividend?
Middle East Specialized Cables'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 Specialized Cables dividend. The next Middle East Specialized Cables dividend will be released in March.
When is Middle East Specialized Cables dividend paid?
Middle East Specialized Cables pays dividends on a annually basis. The specific dates may vary each year but are generally around March. 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 Specialized Cables pay?
The specific amount of Middle East Specialized Cables 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 Specialized Cables's dividend history.
Does Middle East Specialized Cables stock pay dividends?
Yes, Middle East Specialized Cables 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 Specialized Cables's dividend history.
How much dividend does Middle East Specialized Cables pay?
Middle East Specialized Cables paid ر.س0.0 in 2024, ر.س0.0 in 2023, ر.س0.0 in 2022, ر.س0.0 in 2021, and ر.س0.0 in 2020.
How often does Middle East Specialized Cables pay dividends?
Middle East Specialized Cables typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Middle East Specialized Cables's dividend yield?
The current dividend yield for Middle East Specialized Cables 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 Specialized Cables's exact dividend yield.
When does Middle East Specialized Cables go ex dividend?
Middle East Specialized Cables's ex-dividend date for the latest dividend was on 2010-03-22. Middle East Specialized Cables 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 Specialized Cables dividend paid?
Middle East Specialized Cables pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Middle East Specialized Cables 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 Specialized Cables 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 Specialized Cables dividend per share?
Middle East Specialized Cables paid ر.س0.0 per share in 2024 and ر.س0.0 per share in 2023. The amount of dividend per share that Middle East Specialized Cables 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 Specialized Cables 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 Specialized Cables 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 Specialized Cables a dividend stock?
Yes, Middle East Specialized Cables 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 Specialized Cables a good dividend stock?
Whether Middle East Specialized Cables 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 Specialized Cables has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Middle East Specialized Cables 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 Specialized Cables pay dividends monthly?
Middle East Specialized Cables typically pays dividends on a annually basis.
Does Middle East Specialized Cables pay dividends quarterly?
Middle East Specialized Cables currently pays dividends on a annually basis.
Has Middle East Specialized Cables ever paid a dividend?
Yes, Middle East Specialized Cables has a history of paying dividends to its shareholders. Middle East Specialized Cables is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Middle East Specialized Cables dividend stocks?
To buy Middle East Specialized Cables 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 Specialized Cables 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 Specialized Cables pay dividends 2024?
Middle East Specialized Cables pays dividends on a annually basis. 2024 dividend payments are in 2010-03-31. 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 Specialized Cables increase its dividend in 2024?
Decisions regarding Middle East Specialized Cables 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 Specialized Cables dividend overview you can look into the above table of dividend history.
How Middle East Specialized Cables dividend works?
The Middle East Specialized Cables 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 Specialized Cables's dividend process works:
1. Determination of Dividend: Middle East Specialized Cables'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 Specialized Cables 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 Specialized Cables 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 Specialized Cables 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 Specialized Cables dividends paid?
Middle East Specialized Cables dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Middle East Specialized Cables 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 Specialized Cables 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 Specialized Cables 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 Specialized Cables pay dividends?
Middle East Specialized Cables typically pays dividends on a 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 Specialized Cables pay dividends?
The general pattern is that Middle East Specialized Cables pays dividends around March. 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 Specialized Cables dividend safe?
The safety of Middle East Specialized Cables'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 Specialized Cables'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 Specialized Cables'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.