company-logo

Saudi Arabian Cooperative Insurance Company engages in the insurance business in Saudi Arabia. The company provides group medical and life, motor and vehicle, fire and burglary, marine, engineering, liability insurance, general accident, and workmen compensation insurance products, as well as hull, property, and protection and savings insurance products. It serves corporates, SMEs, and individuals. The company was founded in 2006 and is headquartered in Riyadh, Saudi Arabia.

Saudi Arabian Cooperative Insurance Dividend Announcement

Saudi Arabian Cooperative Insurance does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Saudi Arabian Cooperative Insurance dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Saudi Arabian Cooperative Insurance Dividend History

Saudi Arabian Cooperative Insurance Dividend Yield

Saudi Arabian Cooperative Insurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Saudi Arabian Cooperative Insurance stock? Use our calculator to estimate your expected dividend yield:

Saudi Arabian Cooperative Insurance Financial Ratios

P/E ratio8.86
PEG ratio0.53
P/B ratio1.38
ROE16.66%
Payout ratio0.00%
Current ratio84.01
Quick ratio84.01
Cash Ratio6.98

Saudi Arabian Cooperative Insurance Dividend FAQ

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