“Typically, high-growth companies don’t pay high dividends because it makes more financial sense to reinvest in the business. The more mature an industry and the more mature a company, the higher the dividend it’s likely to pay. Energy, banking and telecoms are mature industries so it’s not unusual for companies in these sectors to pay high or higher-than-average dividends.” Tarek Fadlallah, CEO of Nomura Asset Management Middle East in Dubai, PIF-backed Saudi companies increase dividends [Arabian Gulf Business Insight]