Saudi Cement Dividend yield

Saudi Cement is part of Construction and Materials business, which is part of Industrials industry. Saudi Cement is a company from Saudi Arabia, and his stocks are publicly traded.

Saudi Cement stock dividend

Saudi Cement paid a total dividend of 497 million SAR last year, for a market value of 8,277 millions (Market Cap 4,056 millions). Saudi Cement dividend per share is 3.25 SAR, and his stock market price 54.10 SAR.

According to the chart below, where dividend yield is displayed, Saudi Cement has a dividend yield of 6.01%, which is higher than the amount offered by both the market average and companies from Saudi Arabia. It is also bigger than average of Industrials 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 Saudi Cement stocks dividend with other Construction and Materials companies or other of the high Saudi Arabia dividend stocks list.

Saudi Cement Dividend Payout

About the ability of Saudi Cement to maintain his current dividend of SAR 3.25 per share, an amount that accounts for 6.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Saudi Cement payout on ernings is currently 123.57%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Saudi Cement 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 Cement is SAR 4.19 per share, which is higher than the dividend per share paid by the company of SAR 3.25, 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 Cement, compared againt world market average, Saudi Arabia companies, Industrials industry and Construction and Materials sector companies.

Saudi Cement Dividend History

Below you will find a table with the historical evolution of Saudi Cement'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	6.01%	3.25	123.57%	153
2022	6.86%	3.50	159.09%	153
2021	6.39%	3.50	117.06%	153
2020	5.69%	3.50	118.24%	153
2019	4.64%	3.25	124.05%	153

*In millions

Saudi Cement Stock performance

Finally, last moth Saudi Cement showed a return of -5.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -2.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Saudi Arabia and Construction and Materials firms.