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Scientific and Medical Equipment House Company engages in the maintenance and contracting of medical devices, and trades in medical equipment and materials. The company is involved in the general contracting of buildings, roads, bridges, dams, electrical, electronic, and mechanical works; sale of safety equipment; installation and maintenance of firefighting and fire alarm equipments; filling and maintenance of fire extinguishers; and import, export, wholesale, and retail trade in medical, electronical, electrical, and mechanical equipment and devices, as well as laundries, incinerators equipment, and pumps. It also maintains, cleans, manages, and operates medical centers; maintains and operates industrial, water, and sewer works; maintains scientific and medical equipment; engages in the wholesale and retail trade in medical supplies, laboratorial and scientific equipment, and related accessories. In addition, the company provides cities cleaning and catering services; meat, frozen vegetables, and dry foods; cooked and uncooked ration services; supplies food and meat; security guard services; peacemakers, ECG devices, and tubes; cooling and air conditioning systems, and irrigation pipes; installs and maintains fire alarms, security, and lighting systems and equipment; electrical and communication wires extension services; and installs and extends television, satellite, computer, and telecommunications networks. Further, it offers gas, steam, and fire pipes extension and maintenance services; gas and oil heating systems installation and maintenance services; repair and maintenance services for radiological, electronic, medical, and therapeutic equipment; supply services of doctors, specialists, nurses, technicians, and labor; operating and management services for hospitals and medical centers; and medical, administrative, and medical technical cadres for hospitals. The company was incorporated in 1979 and is based in Riyadh, the Kingdom of Saudi Arabia.

Scientific and Medical Equipment House Dividend Announcement

Scientific and Medical Equipment House announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-05
Scientific and Medical Equipment House annual dividend for 2024 was ر.س1.00
Scientific and Medical Equipment House's trailing twelve-month (TTM) dividend yield is -%

Scientific and Medical Equipment House Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-05ر.س1.00annually2024-12-18
2022-06-30ر.س1.00annually2022-07-25

Scientific and Medical Equipment House Dividend per year

Scientific and Medical Equipment House Dividend Yield

Scientific and Medical Equipment House current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Scientific and Medical Equipment House stock? Use our calculator to estimate your expected dividend yield:

Scientific and Medical Equipment House Financial Ratios

P/E ratio32.59
PEG ratio-10.54
P/B ratio2.95
ROE9.29%
Payout ratio0.00%
Current ratio2.24
Quick ratio1.99
Cash Ratio0.07

Scientific and Medical Equipment House Dividend FAQ

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