Boubyan Petrochemical Dividend yield

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

Boubyan Petrochemical stock dividend

Boubyan Petrochemical paid a total dividend of 31,925 million KWF last year, for a market value of 393,680 millions (Market Cap 287 millions). Boubyan Petrochemical dividend per share is 60.01 KWF, and his stock market price 740.00 KWF.

According to the chart below, where dividend yield is displayed, Boubyan Petrochemical has a dividend yield of 8.11%, which is higher than the amount offered by both the market average and companies from Kuwait. 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 Boubyan Petrochemical stocks dividend with other Chemicals companies or other of the highest Kuwait dividend stocks list.

Boubyan Petrochemical Dividend Payout

About the ability of Boubyan Petrochemical to maintain his current dividend of KWF 60.01 per share, an amount that accounts for 8.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Boubyan Petrochemical payout on ernings is currently 90.01%, 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 Boubyan 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 Boubyan Petrochemical is KWF 71.84 per share, which is higher than the dividend per share paid by the company of KWF 60.01, so the company generates enough cash to maintain his dividend in the future.

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

Boubyan Petrochemical Dividend History

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

Year	Yield	KWF	Paypout	Shares*
Present	8.11%	60.01	90.01%	532
2022	7.50%	60.00	80.25%	521
2021	6.46%	55.04	152.47%	521
2020	5.47%	35.01	145.51%	505
2019	7.49%	50.03	239.61%	521
2018	4.62%	45.05	425.00%	515

*In millions

Boubyan Petrochemical Stock performance

Finally, last moth Boubyan Petrochemical showed a return of 0.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -19.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Kuwait and Chemicals firms.