Saudi Steel Pipes Company

SASE:1320 Stock Report

Market Cap: ر.س3.4b

Saudi Steel Pipes Dividends and Buybacks

Dividend criteria checks 2/6

Saudi Steel Pipes is a dividend paying company with a current yield of 1.12% that is well covered by earnings.

Key information

1.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.0%
Dividend Growth-5.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareر.س0.740
Payout ratio17%

Recent dividend and buyback updates

Recent updates

Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

Dec 25
Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

The Trend Of High Returns At Saudi Steel Pipes (TADAWUL:1320) Has Us Very Interested

Sep 07
The Trend Of High Returns At Saudi Steel Pipes (TADAWUL:1320) Has Us Very Interested

There Is A Reason Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Undemanding

Jul 03
There Is A Reason Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Undemanding

Saudi Steel Pipes Company's (TADAWUL:1320) 145% Share Price Surge Not Quite Adding Up

Mar 18
Saudi Steel Pipes Company's (TADAWUL:1320) 145% Share Price Surge Not Quite Adding Up

Saudi Steel Pipes' (TADAWUL:1320) Performance Is Even Better Than Its Earnings Suggest

Mar 12
Saudi Steel Pipes' (TADAWUL:1320) Performance Is Even Better Than Its Earnings Suggest

The Market Doesn't Like What It Sees From Saudi Steel Pipes Company's (TADAWUL:1320) Earnings Yet

Feb 02
The Market Doesn't Like What It Sees From Saudi Steel Pipes Company's (TADAWUL:1320) Earnings Yet

Saudi Steel Pipes Company (TADAWUL:1320) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Aug 25
Saudi Steel Pipes Company (TADAWUL:1320) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Saudi Steel Pipes (TADAWUL:1320) Is Experiencing Growth In Returns On Capital

Aug 07
Saudi Steel Pipes (TADAWUL:1320) Is Experiencing Growth In Returns On Capital

Saudi Steel Pipes (TADAWUL:1320) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 18
Saudi Steel Pipes (TADAWUL:1320) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

We Like These Underlying Return On Capital Trends At Saudi Steel Pipes (TADAWUL:1320)

Jun 16
We Like These Underlying Return On Capital Trends At Saudi Steel Pipes (TADAWUL:1320)

What Type Of Shareholders Own The Most Number of Saudi Steel Pipes Company (TADAWUL:1320) Shares?

Jan 22
What Type Of Shareholders Own The Most Number of Saudi Steel Pipes Company (TADAWUL:1320) Shares?

If You Had Bought Saudi Steel Pipes (TADAWUL:1320) Shares Three Years Ago You'd Have Earned 83% Returns

Nov 30
If You Had Bought Saudi Steel Pipes (TADAWUL:1320) Shares Three Years Ago You'd Have Earned 83% Returns

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1320's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1320's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Saudi Steel Pipes Dividend Yield vs Market
How does 1320 dividend yield compare to the market?
SegmentDividend Yield
Company (1320)1.1%
Market Bottom 25% (SA)1.7%
Market Top 25% (SA)4.7%
Industry Average (Metals and Mining)1.8%
Analyst forecast (1320) (up to 3 years)2.0%

Notable Dividend: 1320's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.71%).

High Dividend: 1320's dividend (1.12%) is low compared to the top 25% of dividend payers in the SA market (4.73%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.4%), 1320's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11.7%), 1320's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 12:32
End of Day Share Price 2025/01/16 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Saudi Steel Pipes Company is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Tarek El-ShawarbyEFG-Hermes Research
Eyad FarajGoldman Sachs