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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ر.س0.60 | annually | 2024-09-18 |
2023-09-03 | ر.س6.00 | annually | 2023-09-14 |
2023-02-01 | ر.س12.00 | annually | 2023-02-12 |
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
Saudi Top Trading Dividend FAQ
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.
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