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The Saudi Arabian Amiantit Company, together with its subsidiaries, manufactures and sells various types of pipes and related products in Saudi Arabia, Europe, and internationally. The company operates in two segments, Pipe Manufacturing and Technology, and Water Management. It offers pipe system products, including glass reinforced polyester, glass reinforced vinylester, glass reinforced epoxy, and ductile iron pipes; and develops and licenses related technologies. The company also manufactures and sells underground and aboveground tanks, such as water tanks, chemical tanks, septic tanks, and fuel tanks for residential and industrial applications; and supplies ribbed and non-ribbed, and single wall and double wall tanks, as well as installs underground and aboveground tanks. In addition, it provides rubber rings and gaskets for the use in pipes and fittings; grommets and bushes for anti-vibration isolation and compression mounting in A/C systems; duct sealing units for use in air condition ducts; insulation tubes and sheets for thermal insulation in refrigeration, heating, ventilation, and air conditioning applications; and industrial valves for water applications. Further, the company offers manholes for the inspection and maintenance, ventilation, cleaning, and flushing of drains or sewers, as well as for housing of pumping stations and inlet drain pits; and fiberglass products, which are used in pipe and tank, transportation, construction, marine, electrical/electronic, wind energy, consumer goods, aerospace, etc. applications. Additionally, it provides water management, and related consultancy and engineering services. The company serves customers in the municipal and urban development, industrial, oil and gas, water transmission and distribution, and water well industries. The Saudi Arabian Amiantit Company was incorporated in 1968 and is headquartered in Dammam, Saudi Arabia.

Theudi Arabian Amiantit Dividend Announcement

Theudi Arabian Amiantit announced a semi annually dividend of ر.س0.00 per ordinary share which will be made payable on . Ex dividend date: 2016-04-05
Theudi Arabian Amiantit's trailing twelve-month (TTM) dividend yield is -%

Theudi Arabian Amiantit Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-04-05ر.س0.00semi annually
2016-03-28ر.س0.00semi annually
2014-03-23ر.س0.00semi annually
2013-03-10ر.س0.00semi annually
2012-03-03ر.س0.00semi annually
2011-02-28ر.س0.00semi annually

Theudi Arabian Amiantit Dividend per year

Theudi Arabian Amiantit Dividend growth

Theudi Arabian Amiantit Dividend Yield

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

Theudi Arabian Amiantit Financial Ratios

P/E ratio3.19
PEG ratio-0.89
P/B ratio1.56
ROE62.96%
Payout ratio0.00%
Current ratio1.32
Quick ratio1.09
Cash Ratio0.12

Theudi Arabian Amiantit Dividend FAQ

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