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Thimar Development Holding Company engages in the marketing, wholesale, and retail trade of agricultural and food products in the Kingdom of Saudi Arabia. It also offers fresh, chilled, and frozen meat products, as well as livestock; and maintains and manages agricultural projects; and manages and operates central wholesale markets. The company was formerly known as National Agricultural Marketing Company and changed its name to Thimar Development Holding Company in November 2021. The company was founded in 1987 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Thimar Development Dividend Announcement

• Thimar Development does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Thimar Development dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Thimar Development Dividend History

Thimar Development Dividend Yield

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

Thimar Development Financial Ratios

P/E ratio-26.39
PEG ratio-0.27
P/B ratio12.82
ROE310.29%
Payout ratio0.00%
Current ratio1.25
Quick ratio1.25
Cash Ratio0.86

Thimar Development Dividend FAQ

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