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SAU:2370's Forward Dividend Yield % is ranked better than 77.47% of 1864
companies
in the Industrial Products industry
Industry Median: 1.62
vs SAU:2370: 3.43
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Middle East Specialized Cables Co (SAU:2370) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Middle East Specialized Cables Co Forward Dividend Yield % Related Terms
SAU:2370 vs VRT, BE, HUBB: Forward Dividend Yield % Comparison
For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.
Middle East Specialized Cables Co Forward Dividend Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Middle East Specialized Cables Co's Forward Dividend Yield % falls into.
Middle East Specialized Cables Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Middle East Specialized Cables Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
SAR 0.600000
2026-07-01
2026-07-02
2026-07-09
Cash Dividend
semi-annually
SAR:SAR 1.000000
SAR 0.500000
2025-12-01
2025-12-02
2025-12-10
Cash Dividend
semi-annually
SAR:SAR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
What does a Forward Dividend Yield % of 3.43% mean?
Middle East Specialized Cables Co (SAU:2370) has a Forward Dividend Yield % of 3.43% as of Jul. 22, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Middle East Specialized Cables Co and its competitors. According to the industry distribution chart, Middle East Specialized Cables Co ranks #420 out of 1864 companies in the Industrial Products industry, placing it in the top 22.5%.
Is Middle East Specialized Cables Co's Forward Dividend Yield % too high?
Middle East Specialized Cables Co's current Forward Dividend Yield % is 3.43%. The Industrial Products industry median Forward Dividend Yield % is 1.62. Middle East Specialized Cables Co's value of 3.43% is 111.7% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #420 out of 1864 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Middle East Specialized Cables Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's Forward Dividend Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #420 out of 1864 companies for Forward Dividend Yield %. This places Middle East Specialized Cables Co in the top 23% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 1.62. Middle East Specialized Cables Co's value of 3.43% is 111.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Industrial Products company?
The median Forward Dividend Yield % among Industrial Products companies is 1.62, based on 1,864 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middle East Specialized Cables Co's current Forward Dividend Yield % of 3.43% is 111.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median Forward Dividend Yield % is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current Forward Dividend Yield % is 3.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middle East Specialized Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Middle East Specialized Cables Co (SAU:2370) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼42.20, compared to a current price of ﷼31.22 — trading 26% below its estimated fair value. The current Forward Dividend Yield % is 3.43% and 111.7% above the Industrial Products industry median of 1.62. Middle East Specialized Cables Co's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Middle East Specialized Cables Co (SAU:2370), the current Forward Dividend Yield % is 3.43% as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Middle East Specialized Cables Co (SAU:2370) Overvalued in 2026?
Based on GuruFocus' analysis, Middle East Specialized Cables Co stock appears to be undervalued.
The current stock price of ﷼31.22 is trading 26% below its estimated GF Value™ of ﷼42.20.
GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.
Key valuation signals for SAU:2370:
Forward Dividend Yield %: 3.43%
GF Value™: ﷼42.20 vs. price of ﷼31.22 (26% below fair value)
Industry Position: 111.7% above the Industrial Products median (#420 of 1864)
No single metric tells the full story. See the SAU:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Middle East Specialized Cables Co Business Description
Middle East Specialized Cables Co is engaged in the manufacture of fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables. It manufactures Industrial cables that consist of instrumentation data & control cables, which are used in industrial projects, refineries, and petrochemical plants to remotely control the data and measurements. Its control cables consist of telephone, computer cables specialized to transfer data and radio signals, and telecommunications widely used in hotels, hospitals, and commercial buildings. Geographically, it generates the majority of its revenue from Saudi Arabia.
77GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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