Table of Contents

company-logo

Saudi Industrial Development Co. manufactures and sells mattresses and sponges in the Kingdom of Saudi Arabia and internationally. It offers pressure sponges, mattress frames, beds, and accessories. The company also engages in the wholesale and retail trade of cement, gypsum, natural and industrial marbles, tubes and pipes, kitchens, ceramic products, faience, ceramics, porcelain, tools, sanitary sets, carpets, rugs, beds, pillows, sheets, bedspreads, blankets, quilts, and other bedding products. In addition, it is involved in the general contracting of residential, commercial, governmental, industrial, and health complexes; and retail trade of building materials, furniture, furnishings, wooden products, office and home tools, luxuries, bathrooms, clothes, carpets, rugs, silverware, crystal, traditional jewelry, and precious stones. Further, the company manufactures and sells tire materials, seat covers, and polyester for mattress pads, as well as produces toiletries, ceramic wall and floor tiles, and acrylic bathtubs. Saudi Industrial Development Co. was founded in 1992 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Saudi Industrial Development Dividend Announcement

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

Saudi Industrial Development Dividend History

Saudi Industrial Development Dividend Yield

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

Saudi Industrial Development Financial Ratios

P/E ratio-15.16
PEG ratio0.06
P/B ratio13.81
ROE-68.98%
Payout ratio0.00%
Current ratio0.72
Quick ratio0.38
Cash Ratio0.04

Saudi Industrial Development Dividend FAQ

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