SAFCO Dividend yield

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

SAFCO stock dividend

SAFCO paid a total dividend of 5,231 million SAR last year, for a market value of 65,498 millions (Market Cap 32,096 millions). SAFCO dividend per share is 10.99 SAR, and his stock market price 137.60 SAR.

According to the chart below, where dividend yield is displayed, SAFCO has a dividend yield of 7.99%, 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 SAFCO stocks dividend with other Chemicals companies or other of the high Saudi Arabia dividend stocks list.

SAFCO Dividend Payout

About the ability of SAFCO to maintain his current dividend of SAR 10.99 per share, an amount that accounts for 7.99%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SAFCO payout on ernings is currently 51.91%, 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 SAFCO 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 SAFCO is SAR 25.02 per share, which is higher than the dividend per share paid by the company of SAR 10.99, so the company generates enough cash to maintain his dividend in the future.

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

SAFCO Dividend History

Below you will find a table with the historical evolution of SAFCO'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	7.99%	10.99	51.91%	476
2022	4.79%	7.00	63.69%	476
2021	1.27%	2.24	81.75%	476
2020	3.10%	2.50	70.42%	417
2019	3.87%	3.00	71.60%	417

*In millions

SAFCO Stock performance

Finally, last moth SAFCO showed a return of -4.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -20.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Saudi Arabia and Chemicals firms.