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Sinad Holding Company, an investment holding company, engages in the industry, trade, tourism, agriculture, real estate development, and contracting activities. It invests in preserved food, real estate development, building and construction materials, electrical and electronic home appliances, and financial and service sectors. The company was formerly known as Aseer Trading, Tourism and Manufacturing Co. and changed its name to Sinad Holding Company in June 2022. The company was incorporated in 1977 and is headquartered in Abha, Saudi Arabia. Sinad Holding Company is a subsidiary of Dallah Albaraka Holding Company.

Sinad Dividend Announcement

Sinad announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2017-05-09. Ex dividend date: 2017-04-24
Sinad's trailing twelve-month (TTM) dividend yield is -%
Sinad's payout ratio for the trailing twelve months (TTM) is -0.41%

Sinad Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-04-24ر.س1.00annually2017-05-09
2016-04-12ر.س1.00annually
2015-04-02ر.س1.00annually
2014-04-29ر.س1.00annually
2013-04-23ر.س1.00annually
2012-05-15ر.س0.75annually
2011-04-30ر.س0.75annually

Sinad Dividend per year

Sinad Dividend growth

Sinad Dividend Yield

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

Sinad Financial Ratios

P/E ratio-76.34
PEG ratio0.76
P/B ratio1.68
ROE-2.26%
Payout ratio-0.41%
Current ratio0.94
Quick ratio0.52
Cash Ratio0.07

Sinad Dividend FAQ

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