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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-08 | ر.س2.85 | annually | 2024-01-25 |
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
Professional Medical Expertise 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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