Qassim Cement Dividend yield




   SAR/share 
 Price  84.20
 Dividend  3.50
 Earnings  3.28
 Cash-flow  4.68
 Book value  19.14
 Equity  19.64

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

Qassim Cement paid a total dividend of 315 million SAR last year, for a market value of 7,578 millions (Market Cap 3,713 millions). Dividend per share of Qassim Cement is 3.50 SAR, and his stock market price 84.20 SAR.

According to the chart below, where dividend yield is displayed, Qassim Cement has a dividend yield of 4.16%, 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 Qassim Cement dividend yield with other Construction and Materials companies or firms from Saudi Arabia.

Dividend yield of Qassim Cement

Qassim Cement Dividend Payout

About the ability of Qassim Cement to maintain his current dividend of SAR 3.50 per share, an amount that accounts for 4.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Qassim Cement payout on ernings is currently 106.71%, which is higher than the market average, and companies of Industrials industry, which are 38.25% and 34.62% respectively. Both figures show that Qassim 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 Qassim Cement is SAR 4.68 per share, which is higher than the dividend per share paid by the company of SAR 3.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Qassim Cement, compared againt world market average, Saudi Arabia companies, Industrials industry and Construction and Materials sector companies.

Qassim Cement payout

Qassim Cement Dividend History

Year Yield  SAR  Paypout  Shares* 
Present4.16%3.50106.71%90
20215.42%4.1087.79%90
20205.37%4.35108.48%90
20193.56%2.35175.37%90

*In millions

Qassim Cement Stock performance

Finally, last moth Qassim Cement showed a return of 9.20% compared to a worldwide 1.12% average, and a 1.26% of Industrials firms. Over the last year, the company obtained a -1.10% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Saudi Arabia and Construction and Materials firms.

Qassim Cement stock and market return