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Saudi Networkers Services Company provides ICT business services in Saudi Arabia. It offers business process outsourcing, permanent solutions, managed services provision, modular solutions, and consulting services. The company serves telecommunications, information technology, cyber security, banking, consulting, utilities, and various other industry sectors. Saudi Networkers Services Company was incorporated in 2001 and is headquartered in Riyadh, Saudi Arabia.

Saudi Networkers Services Dividend Announcement

Saudi Networkers Services announced a semi annually dividend of ر.س2.00 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-07
Saudi Networkers Services annual dividend for 2024 was ر.س4.35
Saudi Networkers Services annual dividend for 2023 was ر.س4.35
Saudi Networkers Services's trailing twelve-month (TTM) dividend yield is 5.14%
Saudi Networkers Services's payout ratio for the trailing twelve months (TTM) is 64.38%

Saudi Networkers Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-07ر.س2.00semi annually2024-10-17
2024-06-25ر.س2.35semi annually2024-07-07
2023-10-10ر.س2.00semi annually2023-10-10
2023-06-06ر.س2.35semi annually2023-06-19

Saudi Networkers Services Dividend per year

Saudi Networkers Services Dividend Yield

Saudi Networkers Services current trailing twelve-month (TTM) dividend yield is 5.14%. Interested in purchasing Saudi Networkers Services stock? Use our calculator to estimate your expected dividend yield:

Saudi Networkers Services Financial Ratios

P/E ratio10.19
PEG ratio0.10
P/B ratio4.80
ROE48.41%
Payout ratio64.38%
Current ratio2.63
Quick ratio2.63
Cash Ratio0.35

Saudi Networkers Services Dividend FAQ

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