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 3.04%
• Morabaha Marina Financing's payout ratio for the trailing twelve months (TTM) is 147.66%
Morabaha Marina Financing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-04 | ر.س0.35 | annually | 2024-08-14 |
2023-08-28 | ر.س0.53 | annually | 2023-09-06 |
Morabaha Marina Financing Dividend per year
Morabaha Marina Financing Dividend Yield
Morabaha Marina Financing current trailing twelve-month (TTM) dividend yield is 3.04%. Interested in purchasing Morabaha Marina Financing stock? Use our calculator to estimate your expected dividend yield:
Morabaha Marina Financing Financial Ratios
Morabaha Marina Financing 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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