United Mining Industries Company produces and sells range of gypsum products. It offers gypsum and fiber cement boards, and gypsum slabs, as well as metal profiles and accessories for use in residential and commercial development. The company was founded in 2006 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
United Mining Industries Dividend Announcement
• United Mining Industries announced a semi annually dividend of ر.س0.70 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-09-04
• United Mining Industries annual dividend for 2024 was ر.س1.40
• United Mining Industries annual dividend for 2023 was ر.س0.70
• United Mining Industries's trailing twelve-month (TTM) dividend yield is 5.68%
• United Mining Industries's payout ratio for the trailing twelve months (TTM) is 95.46%
United Mining Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | ر.س0.70 | semi annually | 2024-09-17 |
2024-03-26 | ر.س0.70 | semi annually | |
2023-12-11 | ر.س0.70 | semi annually | 2023-12-18 |
United Mining Industries Dividend per year
United Mining Industries Dividend Yield
United Mining Industries current trailing twelve-month (TTM) dividend yield is 5.68%. Interested in purchasing United Mining Industries stock? Use our calculator to estimate your expected dividend yield:
United Mining Industries Financial Ratios
United Mining Industries Dividend FAQ
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.
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