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Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. The company operates through Refined Products and Petrochemicals segments. It offers polymers, such as linear low density polyethylene, high density polyethylene, homopolymer polypropylene, impact copolymer polypropylene, ethylene vinyl acetate, ethylene propylene rubber, termo plastic olefin TPO, poly methyl methacrylate, and polyamide 6; and monomers, including propylene oxide, methyl methacrylate, phenol, acetone, para xylene, BENZEN, and mono ethylene glycol. The company also provides refined products comprising liquefied petroleum gas, diesel, naphtha, gasoline, gasoline, fuel oil, and kerosene. Its products are used in various end products, such as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes, and other applications. The company was founded in 2005 and is based in Rabigh, the Kingdom of Saudi Arabia.

Rabigh Refining and Petrochemical Dividend Announcement

Rabigh Refining and Petrochemical announced a annually dividend of ر.س0.35 per ordinary share which will be made payable on 2018-05-08. Ex dividend date: 2018-04-25
Rabigh Refining and Petrochemical's trailing twelve-month (TTM) dividend yield is -%
Rabigh Refining and Petrochemical's payout ratio for the trailing twelve months (TTM) is -0.00%

Rabigh Refining and Petrochemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-04-25ر.س0.35annually2018-05-08
2015-07-28ر.س0.35annually

Rabigh Refining and Petrochemical Dividend per year

Rabigh Refining and Petrochemical Dividend Yield

Rabigh Refining and Petrochemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rabigh Refining and Petrochemical stock? Use our calculator to estimate your expected dividend yield:

Rabigh Refining and Petrochemical Financial Ratios

P/E ratio-2.63
PEG ratio0.00
P/B ratio1.62
ROE-50.27%
Payout ratio-0.00%
Current ratio0.49
Quick ratio0.32
Cash Ratio0.07

Rabigh Refining and Petrochemical Dividend FAQ

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