Mobile Telecommunications Company Saudi Arabia provides mobile telecommunication services in the Kingdom of Saudi Arabia. It operates, purchases, delivers, distributes, sells, installs, manages, and maintains mobile telephone services and equipment. The company also offers consulting, fintech, and technical drone services along with selling and repairing services, as well as constructs and repairs telecom towers. In addition, it offers postpaid, prepaid, control, and Hajj and Omrah visitors packages; 4G and 5G Internet services, and devices; and mobile devices. The company was founded in 2008 and is based in Riyadh, the Kingdom of Saudi Arabia. Mobile Telecommunications Company Saudi Arabia is a subsidiary of Mobile Telecommunications Company K.S.C.P.
Mobile Telecommunicationsudi Arabia Dividend Announcement
• Mobile Telecommunicationsudi Arabia announced a annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-30
• Mobile Telecommunicationsudi Arabia annual dividend for 2024 was ر.س0.50
• Mobile Telecommunicationsudi Arabia annual dividend for 2023 was ر.س0.50
• Mobile Telecommunicationsudi Arabia's trailing twelve-month (TTM) dividend yield is 4.83%
• Mobile Telecommunicationsudi Arabia's payout ratio for the trailing twelve months (TTM) is 72.56%
Mobile Telecommunicationsudi Arabia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-30 | ر.س0.50 | annually | 2024-07-18 |
2023-07-02 | ر.س0.50 | annually | 2023-07-12 |
Mobile Telecommunicationsudi Arabia Dividend per year
Mobile Telecommunicationsudi Arabia Dividend Yield
Mobile Telecommunicationsudi Arabia current trailing twelve-month (TTM) dividend yield is 4.83%. Interested in purchasing Mobile Telecommunicationsudi Arabia stock? Use our calculator to estimate your expected dividend yield:
Mobile Telecommunicationsudi Arabia Financial Ratios
Mobile Telecommunicationsudi Arabia 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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