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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 dateDividend amountDividend typePay date
2024-06-30ر.س0.50annually2024-07-18
2023-07-02ر.س0.50annually2023-07-12

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

P/E ratio15.08
PEG ratio1.42
P/B ratio0.89
ROE5.88%
Payout ratio72.56%
Current ratio0.58
Quick ratio0.57
Cash Ratio0.03

Mobile Telecommunicationsudi Arabia Dividend FAQ

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