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Professional Medical Expertise Company sells medical equipment, tools, and supplies in the Kingdom of Saudi Arabia, the United Arab of Emirates, and rest of GCC countries. It offers products related to spine, sports medicine, pediatric, orthopedic, general surgery, infection prevention, oncology, diabetes, GI, endoscopy, bariatric surgery, women's health, and critical care. The company is also involved in the medical devices warehouse activities; legal representation of medical products and devices manufacturers; and import and export of medical implants, devices, and consumables. In addition, it sells and installs medical equipment and supplies to private and public hospitals and medical centers. The company was formerly known as Socrates Specialized Trading Company and changed its name to Professional Medical Expertise Company in July 2012. Professional Medical Expertise Company was incorporated in 2010 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Professional Medical Expertise Dividend Announcement

Professional Medical Expertise announced a annually dividend of ر.س2.85 per ordinary share which will be made payable on 2024-01-25. Ex dividend date: 2024-01-08
Professional Medical Expertise annual dividend for 2024 was ر.س2.85
Professional Medical Expertise's trailing twelve-month (TTM) dividend yield is 3.16%

Professional Medical Expertise Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-01-08ر.س2.85annually2024-01-25

Professional Medical Expertise Dividend per year

Professional Medical Expertise Dividend Yield

Professional Medical Expertise current trailing twelve-month (TTM) dividend yield is 3.16%. Interested in purchasing Professional Medical Expertise stock? Use our calculator to estimate your expected dividend yield:

Professional Medical Expertise Financial Ratios

P/E ratio12.72
PEG ratio0.13
P/B ratio3.25
ROE29.16%
Payout ratio0.00%
Current ratio1.52
Quick ratio0.86
Cash Ratio0.01

Professional Medical Expertise Dividend FAQ

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