Almasane Alkobra Mining Co (SAU:1322) Dividend Payout Ratio : 3.82 (As of Mar. 2024)

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What is Almasane Alkobra Mining Co Dividend Payout Ratio?

Almasane Alkobra Mining Co's dividend payout ratio for the months ended in Mar. 2024 was 3.82.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Almasane Alkobra Mining Co is 1.23, which seems too high.

The historical rank and industry rank for Almasane Alkobra Mining Co's Dividend Payout Ratio or its related term are showing as below:

SAU:1322' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1 Med: 1.15 Max: 1.29
Current: 1.23

During the past 4 years, the highest Dividend Payout Ratio of Almasane Alkobra Mining Co was 1.29. The lowest was 1.00. And the median was 1.15.

SAU:1322's Dividend Payout Ratio is ranked worse than
86.43% of 258 companies
in the Metals & Mining industry
Industry Median: 0.43 vs SAU:1322: 1.23

As of today (2024-05-16), the Dividend Yield % of Almasane Alkobra Mining Co is 2.31%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Almasane Alkobra Mining Co was 5.07%. The lowest was 1.17%. And the median was 2.73%.

Almasane Alkobra Mining Co's Dividends per Share for the months ended in Mar. 2024 was ﷼0.65.

During the past 12 months, Almasane Alkobra Mining Co's average Dividends Per Share Growth Rate was -61.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Almasane Alkobra Mining Co Dividend Payout Ratio Historical Data

The historical data trend for Almasane Alkobra Mining Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Almasane Alkobra Mining Co Dividend Payout Ratio Chart

Almasane Alkobra Mining Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.29

1.00

Almasane Alkobra Mining Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	6.27	-	-	3.82

Competitive Comparison of Almasane Alkobra Mining Co's Dividend Payout Ratio

For the Other Precious Metals & Mining subindustry, Almasane Alkobra Mining Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Almasane Alkobra Mining Co's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Almasane Alkobra Mining Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Almasane Alkobra Mining Co's Dividend Payout Ratio falls into.

Almasane Alkobra Mining Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Almasane Alkobra Mining Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.733	/	0.73
	=	1.00

Almasane Alkobra Mining Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.65	/	0.17
	=	3.82

Almasane Alkobra Mining Co (SAU:1322) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Almasane Alkobra Mining Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Almasane Alkobra Mining Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Almasane Alkobra Mining Co (SAU:1322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almasane Alkobra Mining Co (SAU:1322) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 96, Najran, SAU

Website

https://www.amak.com.sa

Almasane Alkobra Mining Co is engaged in mining non-ferrous metal ores (aluminium, copper, and lead), mining ores of precious metals belonging to the gold, silver, and platinum group, and wholesaling precious metals and gemstones.

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