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The Power and Water Utility Company for Jubail and Yanbu engages in the operation, maintenance, management, expansion, and construction of power and water systems to provide utility services to government, industrial, commercial, and residential customers. The company is involved in distribution and sale of gas; power generation, transmission, and distribution operations; seawater cooling systems; district cooling systems, desalinated and treated water systems, and sanitary and industrial drainage systems; as well as electricity systems, and transmission and distribution pipeline networks. The company was incorporated in 2000 and is headquartered in Jubail, Saudi Arabia.

Power and Water Utility for Jubail and Yanbu Dividend Announcement

• Power and Water Utility for Jubail and Yanbu announced a semi annually dividend of ر.س0.35 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-19
• Power and Water Utility for Jubail and Yanbu annual dividend for 2024 was ر.س1.45
• Power and Water Utility for Jubail and Yanbu annual dividend for 2023 was ر.س2.20
• Power and Water Utility for Jubail and Yanbu's trailing twelve-month (TTM) dividend yield is 2.54%
• Power and Water Utility for Jubail and Yanbu's payout ratio for the trailing twelve months (TTM) is 99.09%

Power and Water Utility for Jubail and Yanbu Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-19ر.س0.35semi annually2024-09-05
2024-03-18ر.س1.10semi annually
2023-08-14ر.س1.10semi annually2023-08-30
2023-03-09ر.س1.10semi annually2023-03-23

Power and Water Utility for Jubail and Yanbu Dividend per year

Power and Water Utility for Jubail and Yanbu Dividend Yield

Power and Water Utility for Jubail and Yanbu current trailing twelve-month (TTM) dividend yield is 2.54%. Interested in purchasing Power and Water Utility for Jubail and Yanbu stock? Use our calculator to estimate your expected dividend yield:

Power and Water Utility for Jubail and Yanbu Financial Ratios

P/E ratio39.24
PEG ratio0.50
P/B ratio1.77
ROE4.53%
Payout ratio99.09%
Current ratio1.24
Quick ratio1.13
Cash Ratio0.42

Power and Water Utility for Jubail and Yanbu Dividend FAQ

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