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Professional Medical Expertise Co (SAU:9574) Forward Dividend Yield % : 2.88% (As of May. 12, 2024)


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What is Professional Medical Expertise Co Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Professional Medical Expertise Co is 2.88%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Professional Medical Expertise Co is 2.88%.

SAU:9574's Forward Dividend Yield % is ranked better than
66.78% of 307 companies
in the Medical Devices & Instruments industry
Industry Median: 1.92 vs SAU:9574: 2.88

Professional Medical Expertise Co's Dividends per Share for the three months ended in Dec. 2022 was ﷼0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Professional Medical Expertise Co's Forward Dividend Yield %

For the Medical Devices subindustry, Professional Medical Expertise Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Professional Medical Expertise Co's Forward Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Professional Medical Expertise Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Professional Medical Expertise Co's Forward Dividend Yield % falls into.



Professional Medical Expertise Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Professional Medical Expertise Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SAR 2.8500002024-01-082024-01-092024-01-25Cash DividendannuallySAR:SAR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Professional Medical Expertise Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.85/99.00
=2.88 %

Current Share Price is ﷼99.00.
Professional Medical Expertise Co's Dividends per Share for the forward twelve months is calculated as ﷼2.85 * 1 = ﷼2.85.

Professional Medical Expertise Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.85/99.00
=2.88 %

Current Share Price is ﷼99.00.
Professional Medical Expertise Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ﷼2.85.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Professional Medical Expertise Co  (SAU:9574) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Professional Medical Expertise Co Forward Dividend Yield % Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434
Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

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