National Petrochemic Dividend yield




   SAR/share 
 Price  43.30
 Dividend  0.50
 Earnings  0.48
 Cash-flow  3.64
 Book value  16.65
 Equity  17.14

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

National Petrochemic paid a total dividend of 240 million SAR last year, for a market value of 20,784 millions (Market Cap 5,200 millions). Dividend per share of National Petrochemic is 0.50 SAR, and his stock market price 43.30 SAR.

According to the chart below, where dividend yield is displayed, National Petrochemic has a dividend yield of 1.15%, lower than the amount offered by both the market average and companies from Saudi Arabia. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare National Petrochemic dividend yield with other Chemicals companies or firms from Saudi Arabia.

Dividend yield of National Petrochemic

National Petrochemic Dividend Payout

About the ability of National Petrochemic to maintain his current dividend of SAR 0.50 per share, an amount that accounts for 1.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). National Petrochemic payout on ernings is currently 104.17%, which is higher than the market average, and companies of Basic Materials industry, which are 38.16% and 48.78% respectively. Both figures show that National Petrochemic 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 Petrochemic is SAR 3.64 per share, which is higher than the dividend per share paid by the company of SAR 0.50, 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 Petrochemic, compared againt world market average, Saudi Arabia companies, Basic Materials industry and Chemicals sector companies.

National Petrochemic payout

National Petrochemic Dividend History

Year Yield  SAR  Paypout  Shares* 
Present1.15%0.50104.17%480
20201.50%0.5035.71%480
20192.11%0.5020.66%480

*In millions

National Petrochemic Stock performance

Finally, last moth National Petrochemic showed a return of 11.90% compared to a worldwide 4.25% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 132.00% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Saudi Arabia and Chemicals firms.

National Petrochemic stock and market return