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Wataniya Insurance Company offers a range of insurance products and services in the Kingdom of Saudi Arabia. It operates through Marine, Property, Motor, Engineering, Accident & Liability, Extended Warranty, and Term Life segments. It provides various insurance products, including motor insurance; general accident and casualty insurance products, comprising fidelity guarantee, money, personal accident, public liability, work injury compensation, medical malpractice, burglary, glass breakage, business all risk, business travel, and exhibition insurance products; and liability insurance includes general third-party liability, product liability, workmen's compensation/employer's liability, and professional indemnity. The company also provides marine cargo insurance products, which include land transit, marine cargo, and marine hull insurance; employee benefits insurance; and engineering insurance products comprising contractor all risk, construction, mechanical, electrical, contractors' plant and machinery, electronic equipment, erection all risk, machinery breakdown, and deterioration of stock insurance. In addition, it offers property insurance products comprising property all risk, fire and lightning, household comprehensive, and terrorism risk insurance; extended warranty coverage against damages to motor vehicles; and term life coverage against the insured's death. The company was founded in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Wataniya Insurance Dividend Announcement

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

Wataniya Insurance Dividend History

Wataniya Insurance Dividend Yield

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

Wataniya Insurance Financial Ratios

P/E ratio8.53
PEG ratio0.30
P/B ratio1.90
ROE24.22%
Payout ratio0.00%
Current ratio143.69
Quick ratio143.69
Cash Ratio1.63

Wataniya Insurance Dividend FAQ

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