Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC Dividend Payout Ratio?

Ali Alghanim Sons Automotive Co KSC's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio or its related term are showing as below:

KUW:ALG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.5 Max: 0.66
Current: 0.33

During the past 3 years, the highest Dividend Payout Ratio of Ali Alghanim Sons Automotive Co KSC was 0.66. The lowest was 0.33. And the median was 0.50.

KUW:ALG's Dividend Payout Ratio is ranked worse than
57.54% of 749 companies
in the Vehicles & Parts industry
Industry Median: 0.27 vs KUW:ALG: 0.33

As of today (2024-05-27), the Dividend Yield % of Ali Alghanim Sons Automotive Co KSC is 6.62%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Ali Alghanim Sons Automotive Co KSC was 6.73%. The lowest was 2.61%. And the median was 5.11%.

Ali Alghanim Sons Automotive Co KSC's Dividends per Share for the months ended in Mar. 2024 was KWD0.00.

During the past 12 months, Ali Alghanim Sons Automotive Co KSC's average Dividends Per Share Growth Rate was -39.70% per year.

The growth rate is calculated with least square regression.

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

Ali Alghanim Sons Automotive Co KSC Dividend Payout Ratio Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Ali Alghanim Sons Automotive Co KSC Dividend Payout Ratio Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.34

0.66

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial							1.55	-	1.30	-	-

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio falls into.

Ali Alghanim Sons Automotive Co KSC Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.069	/	0.104
	=	0.66

Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.023
	=	0.00

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Dividend Payout Ratio Explanation

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.

Ali Alghanim Sons Automotive Co KSC Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ali Alghanim Sons Automotive Co KSC's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.