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Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia. The company offers various property insurance products, including property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; and engineering insurance products, such as erection and construction all-risk, and contractor's plant and machinery/equipment insurance, as well as machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD. It also provides motor insurance products, which include commercial and private motor comprehensive, and third party liability policies; marine insurance products, including marine cargo and hull insurance policies; medical insurance; and miscellaneous accidents insurance products, such as comprehensive general liability, professional indemnity, medical malpractice, directors and officers liability, privacy and network security cyber liability, fidelity guarantee, money, personal accident, workmen's compensation and employers liability, travel, aviation hull, and public and product liability insurance. The company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017. Walaa Cooperative Insurance Company was founded in 2007 and is headquartered in Al-Khobar, the Kingdom of Saudi Arabia.

Walaa Cooperative Insurance Dividend Announcement

• Walaa Cooperative Insurance announced a annually dividend of ر.س1.00 per ordinary share which will be made payable on 2019-06-01. Ex dividend date: 2019-05-22
• Walaa Cooperative Insurance's trailing twelve-month (TTM) dividend yield is -%

Walaa Cooperative Insurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-05-22ر.س1.00annually2019-06-01

Walaa Cooperative Insurance Dividend per year

Walaa Cooperative Insurance Dividend Yield

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

Walaa Cooperative Insurance Financial Ratios

P/E ratio12.19
PEG ratio-0.69
P/B ratio1.36
ROE11.63%
Payout ratio0.00%
Current ratio5.49
Quick ratio5.49
Cash Ratio0.94

Walaa Cooperative Insurance Dividend FAQ

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