Nofoth Food Products Company produces and sells food and beverage products in Saudi Arabia. It offers pastries under the Mamola brand; Mahashi, Kibbeh, and Musakhan products with fillings under the Enaba brand; fried and baked dates stuffed with various flavors and fillings under the Golden Balah brand; and sour and sweet Mahashi under the Pinkish Bite brand. The company is headquartered in Riyadh, Saudi Arabia.
Nofoth Food Products Dividend Announcement
• Nofoth Food Products announced a annually dividend of ر.س0.20 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-06-25
• Nofoth Food Products annual dividend for 2024 was ر.س0.20
• Nofoth Food Products annual dividend for 2023 was ر.س20.00
• Nofoth Food Products's trailing twelve-month (TTM) dividend yield is 1.15%
Nofoth Food Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | ر.س0.20 | annually | 2024-07-16 |
2023-06-20 | ر.س20.00 | annually | 2023-06-20 |
Nofoth Food Products Dividend per year
Nofoth Food Products Dividend Yield
Nofoth Food Products current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing Nofoth Food Products stock? Use our calculator to estimate your expected dividend yield:
Nofoth Food Products Financial Ratios
Nofoth Food Products 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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