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Morabaha Marina Financing Company provides financial leasing, small and medium enterprises financing, and consumer financing services in the Kingdom of Saudi Arabia. The company operates through Retail, SMEs, and Digital Payments segments. It also offers electronic wallet services. The company was founded in 2012 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Morabaha Marina Financing Dividend Announcement

Morabaha Marina Financing announced a annually dividend of ر.س0.35 per ordinary share which will be made payable on 2024-08-14. Ex dividend date: 2024-08-04
Morabaha Marina Financing annual dividend for 2024 was ر.س0.35
Morabaha Marina Financing annual dividend for 2023 was ر.س0.53
Morabaha Marina Financing's trailing twelve-month (TTM) dividend yield is 3.09%
Morabaha Marina Financing's payout ratio for the trailing twelve months (TTM) is 147.66%

Morabaha Marina Financing Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-04ر.س0.35annually2024-08-14
2023-08-28ر.س0.53annually2023-09-06

Morabaha Marina Financing Dividend per year

Morabaha Marina Financing Dividend Yield

Morabaha Marina Financing current trailing twelve-month (TTM) dividend yield is 3.09%. Interested in purchasing Morabaha Marina Financing stock? Use our calculator to estimate your expected dividend yield:

Morabaha Marina Financing Financial Ratios

P/E ratio46.78
PEG ratio0.47
P/B ratio0.93
ROE1.97%
Payout ratio147.66%
Current ratio3.92
Quick ratio3.92
Cash Ratio0.42

Morabaha Marina Financing Dividend FAQ

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