Al Rajhi Banking & I Dividend yield




   SAR/share 
 Price  72.20
 Dividend  2.40
 Earnings  4.32
 Cash-flow  4.69
 Book value  21.24
 Equity  18.86

Al Rajhi Banking & I is part of Banks business, which is part of Financials industry. Al Rajhi Banking & I is a company from Saudi Arabia, and his stocks are publicly traded.

Al Rajhi Banking & I stock dividend

Al Rajhi Banking & I paid a total dividend of 9,600 million SAR last year, for a market value of 288,800 millions (Market Cap 141,512 millions). Al Rajhi Banking & I dividend per share is 2.40 SAR, and his stock market price 72.20 SAR.

According to the chart below, where dividend yield is displayed, Al Rajhi Banking & I has a dividend yield of 3.32%, which is similar to the amount offered by both the market average and companies from Saudi Arabia. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Al Rajhi Banking & I stocks dividend with other Banks companies or other of the high Saudi Arabia dividend stocks list.

Dividend yield of Al Rajhi Banking & I

Al Rajhi Banking & I Dividend Payout

About the ability of Al Rajhi Banking & I to maintain his current dividend of SAR 2.40 per share, an amount that accounts for 3.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Al Rajhi Banking & I payout on ernings is currently 55.56%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Al Rajhi Banking & I 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 Al Rajhi Banking & I is SAR 4.69 per share, which is higher than the dividend per share paid by the company of SAR 2.40, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Al Rajhi Banking & I, compared againt world market average, Saudi Arabia companies, Financials industry and Banks sector companies.

Al Rajhi Banking & I payout

Al Rajhi Banking & I Dividend History

Below you will find a table with the historical evolution of Al Rajhi Banking & I'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* 
Present3.32%2.4055.56%4,000
20220.00%0.000.00%4,000
20211.69%2.4056.47%2,500
20204.08%3.0073.71%2,500

*In millions

Al Rajhi Banking & I Stock performance

Finally, last moth Al Rajhi Banking & I showed a return of -3.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -20.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Saudi Arabia and Banks firms.

Al Rajhi Banking & I stock and market return