Saudi Electricity Co Dividend yield




   SAR/share 
 Price  23.50
 Dividend  0.70
 Earnings  0.52
 Cash-flow  6.18
 Book value  19.58
 Equity  18.57

Saudi Electricity Co is part of Electricity business, which is part of Utilities industry. Saudi Electricity Co is a company from Saudi Arabia, and his stocks are publicly traded.

Saudi Electricity Co paid a total dividend of 2,917 million SAR last year, for a market value of 97,925 millions (Market Cap 18,388 millions). Dividend per share of Saudi Electricity Co is 0.70 SAR, and his stock market price 23.50 SAR.

According to the chart below, where dividend yield is displayed, Saudi Electricity Co has a dividend yield of 2.98%, which is similar to the amount offered by both the market average and companies from Saudi Arabia. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Saudi Electricity Co dividend yield with other Electricity companies or firms from Saudi Arabia.

Dividend yield of Saudi Electricity Co

Saudi Electricity Co Dividend Payout

About the ability of Saudi Electricity Co to maintain his current dividend of SAR 0.70 per share, an amount that accounts for 2.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Saudi Electricity Co payout on ernings is currently 134.62%, which is higher than the market average, and companies of Utilities industry, which are 38.16% and 58.26% respectively. Both figures show that Saudi Electricity Co 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 Electricity Co is SAR 6.18 per share, which is higher than the dividend per share paid by the company of SAR 0.70, 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 Electricity Co, compared againt world market average, Saudi Arabia companies, Utilities industry and Electricity sector companies.

Saudi Electricity Co payout

Saudi Electricity Co Dividend History

Year Yield  SAR  Paypout  Shares* 
Present2.98%0.70134.62%4,167
20203.29%0.70200.00%4,167

*In millions

Saudi Electricity Co Stock performance

Finally, last moth Saudi Electricity Co showed a return of 11.50% compared to a worldwide 4.25% average, and a 7.19% of Utilities firms. Over the last year, the company obtained a 47.60% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Saudi Arabia and Electricity firms.

Saudi Electricity Co stock and market return