Advanced Petrochemical Dividend yield

Advanced Petrochemical is part of Chemicals business, which is part of Basic Materials industry. Advanced Petrochemical is a company from Saudi Arabia, and his stocks are publicly traded.

Advanced Petrochemical stock dividend

Advanced Petrochemical paid a total dividend of 572 million SAR last year, for a market value of 11,063 millions (Market Cap 5,421 millions). Advanced Petrochemical dividend per share is 2.20 SAR, and his stock market price 42.55 SAR.

According to the chart below, where dividend yield is displayed, Advanced Petrochemical has a dividend yield of 5.17%, which is higher than the amount offered by both the market average and companies from Saudi Arabia. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Advanced Petrochemical stocks dividend with other Chemicals companies or other of the high Saudi Arabia dividend stocks list.

Advanced Petrochemical Dividend Payout

About the ability of Advanced Petrochemical to maintain his current dividend of SAR 2.20 per share, an amount that accounts for 5.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Advanced Petrochemical payout on ernings is currently 194.69%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Advanced Petrochemical can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Advanced Petrochemical is SAR 1.78 per share, which is lower than the dividend per share paid by the company of SAR 2.20, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Advanced Petrochemical, compared againt world market average, Saudi Arabia companies, Basic Materials industry and Chemicals sector companies.

Advanced Petrochemical Dividend History

Below you will find a table with the historical evolution of Advanced Petrochemical's dividend stock, both in percentage and in SAR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	SAR	Paypout	Shares*
Present	5.17%	2.20	194.69%	260
2022	5.16%	2.19	69.97%	260
2021	3.69%	2.60	94.55%	217
2020	3.88%	2.60	74.07%	217
2019	5.18%	2.56	77.11%	217

*In millions

Advanced Petrochemical Stock performance

Finally, last moth Advanced Petrochemical showed a return of -6.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -14.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Saudi Arabia and Chemicals firms.