Saudi Aramco Base Oil Co - Luberef (SAU:2223) Dividend Payout Ratio : 3.51 (As of Mar. 2024)

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What is Saudi Aramco Base Oil Co - Luberef Dividend Payout Ratio?

Saudi Aramco Base Oil Co - Luberef's dividend payout ratio for the months ended in Mar. 2024 was 3.51.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Saudi Aramco Base Oil Co - Luberef is 1.11, which seems too high.

The historical rank and industry rank for Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio or its related term are showing as below:

SAU:2223' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.11 Max: 1.11
Current: 1.95

During the past 3 years, the highest Dividend Payout Ratio of Saudi Aramco Base Oil Co - Luberef was 1.11. The lowest was 1.11. And the median was 1.11.

SAU:2223's Dividend Payout Ratio is ranked worse than
93.39% of 454 companies
in the Oil & Gas industry
Industry Median: 0.45 vs SAU:2223: 1.95

As of today (2024-05-16), the Dividend Yield % of Saudi Aramco Base Oil Co - Luberef is 7.10%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Saudi Aramco Base Oil Co - Luberef was 8.03%. The lowest was 3.33%. And the median was 6.51%.

Saudi Aramco Base Oil Co - Luberef's Dividends per Share for the months ended in Mar. 2024 was ﷼5.00.

The growth rate is calculated with least square regression.

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

Saudi Aramco Base Oil Co - Luberef Dividend Payout Ratio Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef Dividend Payout Ratio Chart

Saudi Aramco Base Oil Co - Luberef Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.11

Saudi Aramco Base Oil Co - Luberef Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial					-	1.80	2.64	-	3.51

Competitive Comparison of Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio falls into.

Saudi Aramco Base Oil Co - Luberef Dividend Payout Ratio Calculation

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

Saudi Aramco Base Oil Co - Luberef'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 )
	=	10	/	8.987
	=	1.11

Saudi Aramco Base Oil Co - Luberef'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 )
	=	5	/	1.426
	=	3.51

Saudi Aramco Base Oil Co - Luberef (SAU:2223) 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.

Saudi Aramco Base Oil Co - Luberef Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Saudi Aramco Base Oil Co - Luberef's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Aramco Base Oil Co - Luberef (SAU:2223) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432

Website

https://www.luberef.com

Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

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