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Saudi Cable Company (SCC) is a joint stock Company with ownership in several manufacturing facilities in the Kingdom of Saudi Arabia (KSA), Kingdom of Bahrain and Turkey. These companies are engaged in the Manufacture, Supply, Installation, Testing & Commissioning and Maintenance of Power Cable, ranging from Extra High Voltage, Medium Voltage, Low Voltage, Building Wires, Telecommunication Cables, Instrumentation, Specialty Control Cables, Electrical Sub-Stations, Switch Gears, Electrical Cables Accessories and Transformers. Additionally, SCC Group has a network of distribution for the supply of all types of cables and associated electrical products from several of its Warehouses. It also supports its customers through a total solution for the Supply, Installation, Testing & Commissioning and Maintenance of Electrical Systems with the state-of-the-art Digital and Information Technology System.

Saudi Cable Dividend Announcement

Saudi Cable announced a annually dividend of ر.س0.75 per ordinary share which will be made payable on 2011-12-18. Ex dividend date: 2011-06-07
Saudi Cable's trailing twelve-month (TTM) dividend yield is -%

Saudi Cable Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-06-07ر.س0.75annually2011-12-18

Saudi Cable Dividend per year

Saudi Cable Dividend Yield

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

Saudi Cable Financial Ratios

P/E ratio24.58
PEG ratio0.74
P/B ratio-1.53
ROE-5.91%
Payout ratio0.00%
Current ratio0.15
Quick ratio0.12
Cash Ratio0.00

Saudi Cable Dividend FAQ

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