2381.SR
Price:
$100.5
Market Cap:
$8.94B
Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.
Industry
Oil & Gas Drilling
IPO Date
2022-11-09
Stock Exchange
SAU
Ticker
2381.SR
According to Arabian Drilling Company’s latest financial reports and current stock price. The company's current Dividend Yield is 2.69%. This represents a change of 149.54% compared to the average of 1.08% of the last 4 quarters.
The mean historical Dividend Yield of Arabian Drilling Company over the last ten years is 0.86%. The current 2.69% Dividend Yield has changed 211.83% with respect to the historical average. Over the past ten years (40 quarters), 2381.SR's Dividend Yield was at its highest in in the June 2024 quarter at 1.88%. The Dividend Yield was at its lowest in in the September 2021 quarter at 0%.
Average
0.86%
Median
0.32%
Minimum
0%
Maximum
3.47%
Discovering the peaks and valleys of Arabian Drilling Company Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Dividend Yield = 3.47%
Minimum Annual Increase = -100.00%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 3.47% | 162.10% |
| 2023 | 1.32% | 463.32% |
| 2022 | 0.24% | Infinity% |
| 2021 | 0% | -100.00% |
| 2020 | 0.18% | -42.57% |
| 2019 | 0.32% | -36.55% |
The current Dividend Yield of Arabian Drilling Company (2381.SR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.68%
5-year avg
1.04%
10-year avg
0.86%
Arabian Drilling Company’s Dividend Yield is less than Ades Holding Co. (2.50%), less than Gas Arabian Services Co. (1.50%), greater than Rabigh Refining and Petrochemical Company (0%), less than Nass Petrol Factory Company (0%), less than Saudi Aramco Base Oil Company - Luberef (4.05%), less than Alujain Corporation (7.98%), greater than Aqaseem Factory for Chemicals and Plastics Co. (0%), greater than Neft Alsharq Company for Chemical Industries (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 2.50% | $18.97B | |
| 1.50% | $2.11B | |
| 0% | $11.88B | |
| 0% | $117.00M | |
| 4.05% | $16.96B | |
| 7.98% | $1.95B | |
| 0% | $127.00M | |
| 0% | $70.50M |
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