Saudi Arabian Oil Dividend
Dividend criteria checks 3/6
Saudi Arabian Oil is a dividend paying company with a current yield of 5.05% that is well covered by earnings. Next payment date is on 29th August, 2024 with an ex-dividend date of 21st August, 2024.
Key information
5.1%
Dividend yield
87%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 29 Aug 24 |
| Ex dividend date | 21 Aug 24 |
| Dividend per share | ر.س1.425 |
| Earnings per share | ر.س1.80 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 6.8%
Aug 09
Saudi Arabian Oil Company (TADAWUL:2222) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 10Saudi Arabian Oil Company's (TADAWUL:2222) Shares Lagging The Market But So Is The Business
May 06Analysts Are Updating Their Saudi Arabian Oil Company (TADAWUL:2222) Estimates After Its Yearly Results
Mar 14Saudi Arabian Oil Company (TADAWUL:2222) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 08Is Now The Time To Put Saudi Arabian Oil (TADAWUL:2222) On Your Watchlist?
Jun 07Is Now The Time To Put Saudi Arabian Oil (TADAWUL:2222) On Your Watchlist?
Feb 23Here's Why Saudi Arabian Oil (TADAWUL:2222) Has Caught The Eye Of Investors
Sep 11Capital Investments At Saudi Arabian Oil (TADAWUL:2222) Point To A Promising Future
Jul 18Saudi Arabian Oil (TADAWUL:2222) Might Become A Compounding Machine
Apr 18Bullish: Analysts Just Made A Notable Upgrade To Their Saudi Arabian Oil Company (TADAWUL:2222) Forecasts
Mar 23Saudi Arabian Oil (TADAWUL:2222) Might Be Having Difficulty Using Its Capital Effectively
Jan 13Saudi Arabian Oil (TADAWUL:2222) Is Due To Pay A Dividend Of ر.س0.35
Nov 03Saudi Arabian Oil (TADAWUL:2222) Will Want To Turn Around Its Return Trends
Oct 04Saudi Arabian Oil (TADAWUL:2222) Will Pay A Dividend Of ر.س0.35
Aug 11There Are Reasons To Feel Uneasy About Saudi Arabian Oil's (TADAWUL:2222) Returns On Capital
Jun 10Is Saudi Arabian Oil Company (TADAWUL:2222) A Strong Dividend Stock?
Apr 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2222 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2222's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Saudi Arabian Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2222) | 5.1% |
| Market Bottom 25% (SA) | 1.7% |
| Market Top 25% (SA) | 4.8% |
| Industry Average (Oil and Gas) | 5.2% |
| Analyst forecast in 3 Years (2222) | 5.4% |
Notable Dividend: 2222's dividend (5.05%) is higher than the bottom 25% of dividend payers in the SA market (1.74%).
High Dividend: 2222's dividend (5.05%) is in the top 25% of dividend payers in the SA market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.9%), 2222's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.5%), 2222's dividend payments are not well covered by cash flows.