Table of Contents

company-logo

Wafrah for Industry and Development Company manufactures, markets, and sells food products in Saudi Arabia and internationally. It offers pasta products, potato chips, frozen French fries, and peanut products, as well as frozen, chilled, and cooked meat products; and cereals breakfast foods in the form of chips, including corn flakes. The company is also involved in the manufacturing, drying, packing, and sale of dates; wholesale of food and beverages; and investment in real estate properties, as well as feed production activities. It markets its products under the Wafra, Caprini, Saudi Garden, and Nemah brands. The company was formerly known as Food Products Company and changed its name to Wafrah for Industry and Development Company in 2014. Wafrah for Industry and Development Company was founded in 1989 and is headquartered in Riyadh, Saudi Arabia.

Wafrah for Industry and Development Dividend Announcement

• Wafrah for Industry and Development announced a annually dividend of ر.س0.00 per ordinary share which will be made payable on . Ex dividend date: 2014-06-03
• Wafrah for Industry and Development's trailing twelve-month (TTM) dividend yield is -%
• Wafrah for Industry and Development's payout ratio for the trailing twelve months (TTM) is 0.32%

Wafrah for Industry and Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-03ر.س0.00annually

Wafrah for Industry and Development Dividend per year

Wafrah for Industry and Development Dividend Yield

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

Wafrah for Industry and Development Financial Ratios

P/E ratio33.47
PEG ratio1.36
P/B ratio3.70
ROE11.45%
Payout ratio0.32%
Current ratio2.25
Quick ratio1.72
Cash Ratio0.43

Wafrah for Industry and Development Dividend FAQ

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