Saudi Basic Industri Dividend yield

 Price  88.40
 Dividend  4.25
 Earnings  5.67
 Cash-flow  12.45
 Book value  63.14
 Equity  60.97

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

Saudi Basic Industri stock dividend

Saudi Basic Industri paid a total dividend of 12,750 million SAR last year, for a market value of 265,200 millions (Market Cap 79,560 millions). Saudi Basic Industri dividend per share is 4.25 SAR, and his stock market price 88.40 SAR.

According to the chart below, where dividend yield is displayed, Saudi Basic Industri has a dividend yield of 4.81%, 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 Basic Materials 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 Saudi Basic Industri stocks dividend with other Chemicals companies or other of the high Saudi Arabia dividend stocks list.

Dividend yield of Saudi Basic Industri

Saudi Basic Industri Dividend Payout

About the ability of Saudi Basic Industri to maintain his current dividend of SAR 4.25 per share, an amount that accounts for 4.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Saudi Basic Industri payout on ernings is currently 74.96%, 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 Saudi Basic Industri 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 Saudi Basic Industri is SAR 12.45 per share, which is higher than the dividend per share paid by the company of SAR 4.25, so the company generates enough cash to maintain his dividend in the future.

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

Saudi Basic Industri payout

Saudi Basic Industri Dividend History

Below you will find a table with the historical evolution of Saudi Basic Industri'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* 

*In millions

Saudi Basic Industri Stock performance

Finally, last moth Saudi Basic Industri showed a return of 3.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -11.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Saudi Arabia and Chemicals firms.

Saudi Basic Industri stock and market return