9580.SR
Price:
$47.62
Market Cap:
$380.96M
Al Rashid Industrial Co., manufactures and sells plastic and packaging products to the government and commercial sectors in Saudi Arabia. It offers food containers for refrigerator, trays, and Cassatt and jakes; medical packages and containers; and packaging boxes for creams and care products, saffron, incense, Maamoul, dates, and sweets and citrus products. The company also provides single use boxes, such as heating and transparent cans; sushi, cake, egg storage, and fruit boxes; and cans for cakes. It offers its products online. The company was founded in 1969 and is based in Riyadh, Saudi Arabia.
Industry
Packaging & Containers
IPO Date
2023-09-12
Stock Exchange
SAU
Ticker
9580.SR
According to Al Rashid Industrial Co.’s latest financial reports and current stock price. The company's current Dividend Yield is 4.09%. This represents a change of 204.72% compared to the average of 1.34% of the last 4 quarters.
The mean historical Dividend Yield of Al Rashid Industrial Co. over the last ten years is 2.29%. The current 4.09% Dividend Yield has changed 78.54% with respect to the historical average. Over the past ten years (40 quarters), 9580.SR's Dividend Yield was at its highest in in the June 2024 quarter at 2.96%. The Dividend Yield was at its lowest in in the June 2021 quarter at 0%.
Average
2.29%
Median
2.37%
Minimum
0%
Maximum
3.80%
Discovering the peaks and valleys of Al Rashid Industrial Co. 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 = 3.80%
Minimum Annual Increase = -100.00%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 2.22% | -6.46% |
| 2023 | 2.37% | -22.99% |
| 2022 | 3.08% | Infinity% |
| 2021 | 0% | -100.00% |
The current Dividend Yield of Al Rashid Industrial Co. (9580.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
2.55%
5-year avg
2.29%
10-year avg
2.29%
Al Rashid Industrial Co.’s Dividend Yield is greater than Filling and Packing Materials Manufacturing Company (0%), greater than Paper Home Co. (0%), greater than Saudi Industrial Development Co. (0%), greater than Takween Advanced Industries (0%), greater than Development Works Food Co. Ltd (0%), less than Lamasat Co. (4.76%), less than Zahrat Al Waha For Trading Company (1.80%), greater than Raydan Food Company (0%), greater than Knowledge Tower (0%), less than Clean Life Co. (5.73%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 0% | $383.41M | |
| 0% | $225.24M | |
| 0% | $237.80M | |
| 0% | $529.14M | |
| 0% | $393.00M | |
| 4.76% | $425.25M | |
| 1.80% | $561.83M | |
| 0% | $220.29M | |
| 0% | $212.10M | |
| 5.73% | $157.20M |
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How does the current Dividend Yield for Al Rashid Industrial Co. (9580.SR) compare to its historical average?