Advanced Petrochemical Dividend yield




   SAR/share 
 Price  75.00
 Dividend  2.60
 Earnings  2.75
 Cash-flow  3.59
 Book value  15.96
 Equity  15.63

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

Advanced Petrochemical paid a total dividend of 564 million SAR last year, for a market value of 16,275 millions (Market Cap 7,955 millions). Dividend per share of Advanced Petrochemical is 2.60 SAR, and his stock market price 75.00 SAR.

According to the chart below, where dividend yield is displayed, Advanced Petrochemical has a dividend yield of 3.47%, 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 Advanced Petrochemical dividend yield with other Chemicals companies or firms from Saudi Arabia.

Dividend yield of Advanced Petrochemical

Advanced Petrochemical Dividend Payout

About the ability of Advanced Petrochemical to maintain his current dividend of SAR 2.60 per share, an amount that accounts for 3.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Advanced Petrochemical payout on ernings is currently 94.55%, which is higher than the market average, and companies of Basic Materials industry, which are 39.27% and 51.13% respectively. Both figures show that Advanced 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 Advanced Petrochemical is SAR 3.59 per share, which is higher than the dividend per share paid by the company of SAR 2.60, so the company generates enough cash to maintain his dividend in the future.

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

Advanced Petrochemical payout

Advanced Petrochemical Dividend History

Year Yield  SAR  Paypout  Shares* 
Present3.47%2.6094.55%217
20203.88%2.6074.07%217
20195.18%2.5677.11%217

*In millions

Advanced Petrochemical Stock performance

Finally, last moth Advanced Petrochemical showed a return of 4.70% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 26.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Saudi Arabia and Chemicals firms.

Advanced Petrochemical stock and market return