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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-05 | ر.س1.00 | annually | 2024-12-18 |
2022-06-30 | ر.س1.00 | annually | 2022-07-25 |
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
Scientific and Medical Equipment House 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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