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The Corporation''s activities in Wholesale of computers and their accessories, and retailing of computers and their accessories, including (selling printers and their inks), systems analysis, design and programming of special softwares, providing top management consulting services.

Sure Global Tech Dividend Announcement

Sure Global Tech announced a annually dividend of ر.س1.50 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-06-26
Sure Global Tech annual dividend for 2024 was ر.س1.50
Sure Global Tech annual dividend for 2023 was ر.س2.00
Sure Global Tech's trailing twelve-month (TTM) dividend yield is 2.02%
Sure Global Tech's payout ratio for the trailing twelve months (TTM) is 22.87%

Sure Global Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-26ر.س1.50annually2024-07-16
2023-06-13ر.س2.00annually2023-07-06

Sure Global Tech Dividend per year

Sure Global Tech Dividend Yield

Sure Global Tech current trailing twelve-month (TTM) dividend yield is 2.02%. Interested in purchasing Sure Global Tech stock? Use our calculator to estimate your expected dividend yield:

Sure Global Tech Financial Ratios

P/E ratio12.70
PEG ratio0.13
P/B ratio5.22
ROE40.80%
Payout ratio22.87%
Current ratio3.46
Quick ratio3.46
Cash Ratio0.70

Sure Global Tech Dividend FAQ

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