Arabian Drilling Dividends and Buybacks
Dividend criteria checks 2/6
Arabian Drilling is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
-8.8%
Buyback Yield
| Total Shareholder Yield | -6.4% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 84.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س2.700 |
| Payout ratio | 80% |
Recent dividend and buyback updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At Arabian Drilling (TADAWUL:2381)
Oct 05
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Jun 19Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled
Feb 22Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Nov 08Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results
Nov 08Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?
Jul 18Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now
Feb 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2381's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2381's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Arabian Drilling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2381) | 2.4% |
| Market Bottom 25% (SA) | 1.7% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Energy Services) | 2.6% |
| Analyst forecast (2381) (up to 3 years) | 4.6% |
Notable Dividend: 2381's dividend (2.41%) is higher than the bottom 25% of dividend payers in the SA market (1.72%).
High Dividend: 2381's dividend (2.41%) is low compared to the top 25% of dividend payers in the SA market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), 2381's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2381 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arabian Drilling Company is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Madhu Appissa | Al Rajhi Capital |
| Mazen Al-Sudairi | Al Rajhi Capital |