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Saudi Paper Manufacturing Company manufactures and sells tissue papers in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally. The company operates through Manufacturing, and Trading and Others segments. It offers facial and pocket tissues, toilet rolls, kitchen towels, napkins, industrial tissues, and maxi rolls; and custom-made tissue products, such as table napkins, special towels, couch covers, and interfold-Cfolds under the Mouchoir and City brands. The company also manufactures, buys, and distributes pulps and papers; and collects, sorts, transports, and presses waste papers. In addition, it provides private label products for retail chains and corporate organizations. The company was founded in 1989 and is headquartered in Dammam, the Kingdom of Saudi Arabia.

Saudi Paper Manufacturing Dividend Announcement

• Saudi Paper Manufacturing announced a semi annually dividend of ر.س0.75 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-10
• Saudi Paper Manufacturing annual dividend for 2024 was ر.س1.25
• Saudi Paper Manufacturing's trailing twelve-month (TTM) dividend yield is 1.83%
• Saudi Paper Manufacturing's payout ratio for the trailing twelve months (TTM) is 15.92%

Saudi Paper Manufacturing Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-10ر.س0.75semi annually2024-09-25
2024-04-28ر.س0.50semi annually2024-05-09
2013-03-27ر.س0.31semi annually
2012-04-03ر.س0.36semi annually
2011-03-28ر.س0.31semi annually

Saudi Paper Manufacturing Dividend per year

Saudi Paper Manufacturing Dividend growth

Saudi Paper Manufacturing Dividend Yield

Saudi Paper Manufacturing current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Saudi Paper Manufacturing stock? Use our calculator to estimate your expected dividend yield:

Saudi Paper Manufacturing Financial Ratios

P/E ratio22.28
PEG ratio1.92
P/B ratio4.54
ROE21.61%
Payout ratio15.92%
Current ratio1.30
Quick ratio1.01
Cash Ratio0.09

Saudi Paper Manufacturing Dividend FAQ

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