Nayifat Finance Company, a non-banking finance company, provides Shariah-compliant financing solutions for individuals and corporates in the Kingdom of Saudi Arabia. The company offers lease finance, small and medium enterprise finance, consumer finance, and credit card finance products Nayifat Finance Company was incorporated in 2002 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Nayifat Finance Dividend Announcement
• Nayifat Finance announced a annually dividend of ر.س0.75 per ordinary share which will be made payable on 2022-05-30. Ex dividend date: 2022-05-18
• Nayifat Finance's trailing twelve-month (TTM) dividend yield is -%
Nayifat Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-05-18 | ر.س0.75 | annually | 2022-05-30 |
Nayifat Finance Dividend per year
Nayifat Finance Dividend Yield
Nayifat Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nayifat Finance stock? Use our calculator to estimate your expected dividend yield:
Nayifat Finance Financial Ratios
P/E ratio16.08
PEG ratio0.16
P/B ratio1.24
ROE7.93%
Payout ratio0.00%
Current ratio-1.39
Quick ratio-1.39
Cash Ratio-1.39
Nayifat Finance Dividend FAQ
Does Nayifat Finance stock pay dividends?
Nayifat Finance does not currently pay dividends to its shareholders.
Has Nayifat Finance ever paid a dividend?
No, Nayifat Finance has no a history of paying dividends to its shareholders. Nayifat Finance is not known for its dividend payments.
Why doesn't Nayifat Finance pay dividends?
There are several potential reasons why Nayifat Finance 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.
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 Nayifat Finance 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 Nayifat Finance 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 Nayifat Finance a dividend aristocrat?
Nayifat Finance 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 Nayifat Finance a dividend king?
Nayifat Finance 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 Nayifat Finance a dividend stock?
No, Nayifat Finance 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 Nayifat Finance stocks?
To buy Nayifat Finance 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 Nayifat Finance 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.
Place an order: Use the brokerage's trading platform to place an order to buy Nayifat Finance 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.