Table of Contents

company-logo

Tam Development LLC operates as a management and digital solutions consultancy in Saudi Arabia. It offers advisory services in the areas of strategy design, transformation advisory, innovation and design, public engagement and change management, execution acceleration, financial management, mass capability development, and organizational/functional setup. The company engages in the activities of marketing and advertising; public relations and communications; activities of incubators and accelerators; marketing services for third parties; and consulting services. It serves the tourism, culture, education, entertainment, health, and business industries. Tam Development LLC was founded in 2012 and is headquartered in Riyadh, Saudi Arabia.

Tam Development Dividend Announcement

• Tam Development announced a annually dividend of ر.س1.23 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-12
• Tam Development annual dividend for 2024 was ر.س1.23
• Tam Development annual dividend for 2023 was ر.س0.85
• Tam Development's trailing twelve-month (TTM) dividend yield is 0.64%
• Tam Development's payout ratio for the trailing twelve months (TTM) is 14.49%

Tam Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-12ر.س1.23annually2024-06-27
2023-08-28ر.س0.85annually2023-08-28

Tam Development Dividend per year

Tam Development Dividend Yield

Tam Development current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Tam Development stock? Use our calculator to estimate your expected dividend yield:

Tam Development Financial Ratios

P/E ratio13.45
PEG ratio0.29
P/B ratio5.40
ROE41.56%
Payout ratio14.49%
Current ratio2.37
Quick ratio2.37
Cash Ratio0.35

Tam Development Dividend FAQ

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