GURUFOCUS.COM » STOCK LIST » Technology » Software » Sure Global Tech Co (SAU:9550) » Definitions » Dividend Yield %

Sure Global Tech Co (SAU:9550) Dividend Yield % : 1.51% (As of Jun. 08, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sure Global Tech Co Dividend Yield %?

As of today (2024-06-08), the Trailing Annual Dividend Yield of Sure Global Tech Co is 1.51%.

The historical rank and industry rank for Sure Global Tech Co's Dividend Yield % or its related term are showing as below:

SAU:9550' s Dividend Yield % Range Over the Past 10 Years
Min: 1.36   Med: 1.59   Max: 3.33
Current: 1.51

During the past 3 years, the highest Dividend Yield of Sure Global Tech Co was 3.33%. The lowest was 1.36%. And the median was 1.59%.

SAU:9550's Dividend Yield % is ranked worse than
55.5% of 955 companies
in the Software industry
Industry Median: 1.73 vs SAU:9550: 1.51

Sure Global Tech Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 3 years, the highest Dividend Payout Ratio of Sure Global Tech Co was 0.37. The lowest was 0.37. And the median was 0.37.

As of today (2024-06-08), the Forward Dividend Yield % of Sure Global Tech Co is 1.69%.

Sure Global Tech Co's Dividends per Share for the six months ended in Dec. 2023 was ﷼0.00.

The growth rate is calculated with least square regression.

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


Sure Global Tech Co Dividend Yield % Historical Data

The historical data trend for Sure Global Tech Co's Dividend Yield % 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.

Sure Global Tech Co Dividend Yield % Chart

Sure Global Tech Co Annual Data
Trend Dec21 Dec22 Dec23
Dividend Yield %
- - 3.49

Sure Global Tech Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % - - - 2.41 3.49

Competitive Comparison of Sure Global Tech Co's Dividend Yield %

For the Information Technology Services subindustry, Sure Global Tech Co's Dividend Yield %, along with its competitors' market caps and 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.


Sure Global Tech Co's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Sure Global Tech Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sure Global Tech Co's Dividend Yield % falls into.



Sure Global Tech Co Dividend Yield % Calculation

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

Sure Global Tech Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SAR 1.3333332023-06-132023-06-142023-07-06Cash 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.

Sure Global Tech Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.333333/88.50
=1.51 %

Current Share Price is ﷼88.50.
Sure Global Tech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ﷼1.333333.

Sure Global Tech Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.333333/88.50
=1.51 %

Current Share Price is ﷼88.50.
Sure Global Tech Co's Dividends per Share for the forward twelve months is calculated as ﷼1.333333 * 1 = ﷼1.333333.

* 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.


Sure Global Tech Co  (SAU:9550) 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.


Sure Global Tech Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sure Global Tech Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sure Global Tech Co (SAU:9550) Business Description

Traded in Other Exchanges
N/A
Address
Imam Saud bin Abdulaziz bin Mohammed Road, P.O. Box 301334, Riyadh, SAU, 12281
Sure Global Tech Co provides technological and consultative solutions for public and private organizations. It provides services of software development, infrastructure, support, and operation along with digital transformation consultations and other SME-oriented products. The group's operational segments include Infrastructure, Managed services, Professional services, and products. The majority of its revenue derives from infrastructure services that include the sale of licenses and devices.

Sure Global Tech Co (SAU:9550) Headlines

No Headlines