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Naqi Water Company engages in production and bottling pure filtered water in Saudi Arabia. The company operates through two segments, Wholesale and Retail. It is also involved in the wholesale of bottled water, soft drinks, and juices; and retail sale of beverages in specialized stores. The company sells its products to small and medium sized accounts, such as supermarkets, grocery stores; and larger accounts, such as hypermarkets, houses and final consumers; institutions, governmental entities, schools, universities, mosque,; hotels and restaurants; and agents and distributors. The company was founded in 2014 and is based in Unaizah, Saudi Arabia.

Naqi Water Dividend Announcement

• Naqi Water announced a annually dividend of ر.س0.50 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-05-19
• Naqi Water annual dividend for 2024 was ر.س0.50
• Naqi Water annual dividend for 2023 was ر.س200.00
• Naqi Water's trailing twelve-month (TTM) dividend yield is 0.81%
• Naqi Water's payout ratio for the trailing twelve months (TTM) is 53.35%

Naqi Water Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-19ر.س0.50annually2024-06-06
2023-08-27ر.س100.00annually2023-09-14
2023-01-09ر.س100.00annually2023-01-18

Naqi Water Dividend per year

Naqi Water Dividend Yield

Naqi Water current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Naqi Water stock? Use our calculator to estimate your expected dividend yield:

Naqi Water Financial Ratios

P/E ratio32.91
PEG ratio10.58
P/B ratio4.70
ROE14.60%
Payout ratio53.35%
Current ratio5.10
Quick ratio4.23
Cash Ratio2.78

Naqi Water Dividend FAQ

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