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Saudi Top Trading Co. engages in the manufacture and trade of plastic raw materials in the Kingdom of Saudi Arabia. The company offers polyethylene WAX, polyethylene, polyethylene terephthalate, thermoplastic elastomers, styrenics, polypropylene, rubber, and engineering polymers, as well as plastic films and bags. Its products are used in adhesives, road marking paints, masterbatch and filler masterbatch, petroleum wax blend, PVC and PVC compounds, rubber, and printing ink industries. The company was founded in 2006 and is headquartered in Riyadh, Saudi Arabia.

Saudi Top Trading Dividend Announcement

Saudi Top Trading announced a annually dividend of ر.س0.60 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-08-29
Saudi Top Trading annual dividend for 2024 was ر.س0.60
Saudi Top Trading annual dividend for 2023 was ر.س18.00
Saudi Top Trading's trailing twelve-month (TTM) dividend yield is 8.28%
Saudi Top Trading's payout ratio for the trailing twelve months (TTM) is 325.38%

Saudi Top Trading Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29ر.س0.60annually2024-09-18
2023-09-03ر.س6.00annually2023-09-14
2023-02-01ر.س12.00annually2023-02-12

Saudi Top Trading Dividend per year

Saudi Top Trading Dividend Yield

Saudi Top Trading current trailing twelve-month (TTM) dividend yield is 8.28%. Interested in purchasing Saudi Top Trading stock? Use our calculator to estimate your expected dividend yield:

Saudi Top Trading Financial Ratios

P/E ratio37.45
PEG ratio0.37
P/B ratio4.08
ROE11.01%
Payout ratio325.38%
Current ratio1.50
Quick ratio0.58
Cash Ratio0.37

Saudi Top Trading Dividend FAQ

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