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The National Agricultural Development Company operates as an agricultural and livestock production company in the Kingdom of Saudi Arabia and internationally. It also engages in the reclamation of agricultural land; and food processing and marketing activities, as well as production of agricultural and dairy products. In addition, the company provides milk, yoghurt, Laban, fresh cream, juices and drinks, desserts, cheese, butter, and olive oil; and fruits, including peaches, apricots, and plums. Further, it offers vegetables, such as potatoes, onions, and tomatoes; and other crops comprising wheat, clover, shami corn, Rhodes grass, olives, and alfalfa, as well as other nutritional animal fodder, which is used to feed the dairy cows on the farms. The National Agricultural Development Company was founded in 1981 and is headquartered in Riyadh, Saudi Arabia.

Nationalricultural Development Dividend Announcement

• Nationalricultural Development announced a annually dividend of ر.س0.24 per ordinary share which will be made payable on . Ex dividend date: 2016-04-10
• Nationalricultural Development's trailing twelve-month (TTM) dividend yield is -%
• Nationalricultural Development's payout ratio for the trailing twelve months (TTM) is 0.10%

Nationalricultural Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-04-10ر.س0.24annually
2015-03-18ر.س0.24annually
2013-04-28ر.س0.30annually
2012-09-02ر.س0.30annually
2012-04-01ر.س0.44annually

Nationalricultural Development Dividend per year

Nationalricultural Development Dividend growth

Nationalricultural Development Dividend Yield

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

Nationalricultural Development Financial Ratios

P/E ratio17.25
PEG ratio8.54
P/B ratio1.98
ROE12.00%
Payout ratio0.10%
Current ratio1.98
Quick ratio1.51
Cash Ratio1.10

Nationalricultural Development Dividend FAQ

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