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SAL Saudi Logistics Services Company provides cargo handling and logistics services in the Kingdom of Saudi Arabia. It operates through Air Cargo Handling and Logistic Solutions segments. The company offers cargo handling services to air cargo carriers operating at the Kingdom's airports; and end to end logistic, customs clearance, warehousing, and inventory management services. Its services include ground transportation of goods, ground management and supervision services at airports, ground services, loading and unloading of air cargo aircraft, air cargo agency services, and air cargo handling of goods and mail. The company was founded in 1945 and is headquartered in Jeddah, Saudi Arabia. SAL Saudi Logistics Services Company operates as a subsidiary of Saudi Arabian Airlines Corporation.

SALudi Logistics Services Co Dividend Announcement

SALudi Logistics Services Co announced a quarterly dividend of ر.س1.45 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-11
SALudi Logistics Services Co annual dividend for 2024 was ر.س6.17
SALudi Logistics Services Co annual dividend for 2023 was ر.س1.90
SALudi Logistics Services Co's trailing twelve-month (TTM) dividend yield is 2.31%
SALudi Logistics Services Co's payout ratio for the trailing twelve months (TTM) is 62.58%

SALudi Logistics Services Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-11ر.س1.45quarterly2024-12-01
2024-08-13ر.س1.45quarterly2024-09-02
2024-05-27ر.س1.76quarterly2024-06-12
2024-03-10ر.س1.51quarterly
2023-11-19ر.س1.90quarterly2023-11-19

SALudi Logistics Services Co Dividend per year

SALudi Logistics Services Co Dividend Yield

SALudi Logistics Services Co current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing SALudi Logistics Services Co stock? Use our calculator to estimate your expected dividend yield:

SALudi Logistics Services Co Financial Ratios

P/E ratio34.76
PEG ratio0.32
P/B ratio17.18
ROE52.58%
Payout ratio62.58%
Current ratio4.48
Quick ratio4.48
Cash Ratio1.68

SALudi Logistics Services Co Dividend FAQ

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