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United Cooperative Assurance Company offers cooperative insurance products in the Kingdom of Saudi Arabia. The company provides insurance protection for the operation of aircraft and the risks involved in aviation; and energy insurance that offers coverage for a range of activities within the upstream and midstream sectors of the oil and gas industry. It also provides medical insurance; trade credit insurance; and engineering insurance products, including contractors all risks, contractors plant and machinery, deterioration of stock in cold storage, erection all risks, electronic equipment, loss of profit following machinery breakdown, and machinery breakdown insurance. In addition, the company offers general accident insurance products, such as fidelity guarantee, money, personal accident, product liability, professional indemnity, third party liability, and workmen compensation and employer's liability insurance; and marine hull and cargo insurance products. Further, it provides motor insurance products comprising accidental loss or damage, and third party liability insurance; and property insurance products, including fire and special perils insurance for residential, commercial, and industrial properties; and material damage and business interruption all risks insurance products. The company was founded in 2008 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

United Cooperative Assurance Dividend Announcement

• United Cooperative Assurance announced a annually dividend of ر.س0.67 per ordinary share which will be made payable on . Ex dividend date: 2012-05-15
• United Cooperative Assurance's trailing twelve-month (TTM) dividend yield is -%

United Cooperative Assurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-05-15ر.س0.67annually
2011-06-27ر.س0.67annually

United Cooperative Assurance Dividend per year

United Cooperative Assurance Dividend Yield

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

United Cooperative Assurance Financial Ratios

P/E ratio18.10
PEG ratio0.83
P/B ratio1.48
ROE8.40%
Payout ratio0.00%
Current ratio12.57
Quick ratio12.57
Cash Ratio7.53

United Cooperative Assurance Dividend FAQ

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