National Commercial Dividend yield




   SAR/share 
 Price  53.10
 Dividend  2.30
 Earnings  3.69
 Cash-flow  3.77
 Book value  23.09
 Equity  21.96

National Commercial is part of Banks business, which is part of Financials industry. National Commercial is a company from Saudi Arabia, and his stocks are publicly traded.

National Commercial paid a total dividend of 6,879 million SAR last year, for a market value of 158,822 millions (Market Cap 71,744 millions). Dividend per share of National Commercial is 2.30 SAR, and his stock market price 53.10 SAR.

According to the chart below, where dividend yield is displayed, National Commercial has a dividend yield of 4.33%, which is higher than the amount offered by both the market average and companies from Saudi Arabia. It is also bigger than average of Financials 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 National Commercial dividend yield with other Banks companies or firms from Saudi Arabia.

Dividend yield of National Commercial

National Commercial Dividend Payout

About the ability of National Commercial to maintain his current dividend of SAR 2.30 per share, an amount that accounts for 4.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). National Commercial payout on ernings is currently 62.33%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that National Commercial 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 National Commercial is SAR 3.77 per share, which is higher than the dividend per share paid by the company of SAR 2.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of National Commercial, compared againt world market average, Saudi Arabia companies, Financials industry and Banks sector companies.

National Commercial payout

National Commercial Dividend History

Year Yield  SAR  Paypout  Shares* 
Present4.33%2.3062.33%2,991
20205.31%2.3060.53%2,991
20194.47%2.2061.62%2,993

*In millions

National Commercial Stock performance

Finally, last moth National Commercial showed a return of 13.00% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 53.00% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Saudi Arabia and Banks firms.

National Commercial stock and market return