Middle East Specialized Cables Co (SAU:2370) Dividend Yield %: 3.43% (As of Jul. 21, 2026) — 14% Above Median

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SAU:2370 Middle East Specialized Cables Co SAU:2370
77 GF Score
Price ﷼31.22
GF Value ﷼42.18
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Middle East Specialized Cables Co Dividend Yield %?

Middle East Specialized Cables Co SAU:2370 -2.74% 77 Dividend Yield % is 3.43% as of Jul. 21, 2026, which is 14% above its 10-year median of 3.02. GuruFocus rates SAU:2370 with a GF Score™ of 77/100 and a GF Value™ of ﷼42.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,925 Industrial Products companies, Middle East Specialized Cables Co ranks better than 79.06% on this metric.

As of today (2026-07-21), the Trailing Annual Dividend Yield of Middle East Specialized Cables Co is 3.43%.

The historical rank and industry rank for Middle East Specialized Cables Co's Dividend Yield % or its related term are showing as below:

SAU:2370' s Dividend Yield % Range Over the Past 10 Years
Min: 1.45   Med: 3.02   Max: 5.09
Current: 3.43

During the past 13 years, the highest Dividend Yield of Middle East Specialized Cables Co was 5.09%. The lowest was 1.45%. And the median was 3.02%.

SAU:2370's Dividend Yield % is ranked better than
79.06% of 1925 companies
in the Industrial Products industry
Industry Median: 1.54 vs SAU:2370: 3.43

Middle East Specialized Cables Co's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Middle East Specialized Cables Co was 0.38. The lowest was 0.34. And the median was 0.38.

As of today (2026-07-21), the Forward Dividend Yield % of Middle East Specialized Cables Co is 3.43%.

Middle East Specialized Cables Co's Dividends per Share for the three months ended in Mar. 2026 was ﷼0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Middle East Specialized Cables Co  (SAU:2370) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Middle East Specialized Cables Co Dividend Yield % Related Terms


Middle East Specialized Cables Co Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Middle East Specialized Cables Co's Dividend Yield % 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.

Middle East Specialized Cables Co Dividend Yield % Chart

Middle East Specialized Cables Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.70

Middle East Specialized Cables Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.50 1.62 4.70 4.32

SAU:2370 vs VRT, BE, HUBB: Dividend Yield % Comparison

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's Dividend Yield % falls into.


SAU:2370
77GF Score
Middle East Specialized Cables Co SAU:2370
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Middle East Specialized Cables Co 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 0.6000002026-07-012026-07-022026-07-09Cash Dividendsemi-annuallySAR:SAR 1.000000
SAR 0.5000002025-12-012025-12-022025-12-10Cash Dividendsemi-annuallySAR: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.

Middle East Specialized Cables Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1/31.22
=3.52 %

Current Share Price is ﷼31.22.
Middle East Specialized Cables Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ﷼1.1.

Middle East Specialized Cables Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/31.22
=3.84 %

Current Share Price is ﷼31.22.
Middle East Specialized Cables Co's Dividends per Share for the forward twelve months is calculated as ﷼0.6 * 2 = ﷼1.2.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 3.43% mean?
Middle East Specialized Cables Co (SAU:2370) has a Dividend Yield % of 3.43% as of Jul. 21, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Middle East Specialized Cables Co and its competitors. This is 14% above median its historical median of 3.02. Over the past decade, Middle East Specialized Cables Co's Dividend Yield % has ranged from 1.45 to 5.09. According to the industry distribution chart, Middle East Specialized Cables Co ranks #403 out of 1925 companies in the Industrial Products industry, placing it in the top 20.9%.
Is Middle East Specialized Cables Co's Dividend Yield % too high?
Middle East Specialized Cables Co's current Dividend Yield % of 3.43% is 14% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 5.09. The Industrial Products industry median Dividend Yield % is 1.54. Middle East Specialized Cables Co's value of 3.43% is 122.7% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #403 out of 1925 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 Dividend Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #403 out of 1925 companies for Dividend Yield %. This places Middle East Specialized Cables Co in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 1.54. Middle East Specialized Cables Co's value of 3.43% is 122.7% above this benchmark. Historically, Middle East Specialized Cables Co's own Dividend Yield % has ranged from 1.45 to 5.09 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.54, Middle East Specialized Cables Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Industrial Products company?
The median Dividend Yield % among Industrial Products companies is 1.54, based on 1,925 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, 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 Dividend Yield % of 3.43% is 122.7% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median Dividend Yield % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current Dividend Yield % is 3.43%, which is 14% above median its own 10-year median of 3.02. 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 ﷼42.18, compared to a current price of ﷼31.22 — trading 26% below its estimated fair value. The current Dividend Yield % is 3.43%, which is 14% above median its 10-year median of 3.02 and 122.7% above the Industrial Products industry median of 1.54. 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 Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Middle East Specialized Cables Co (SAU:2370), the current Dividend Yield % is 3.43% as of Jul. 21, 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 ﷼42.18. GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.

Key valuation signals for SAU:2370:

  • Dividend Yield %: 3.43% (14% above median its 10-year median of 3.02)
  • GF Value™: ﷼42.18 vs. price of ﷼31.22 (26% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 122.7% above the Industrial Products median (#403 of 1925)

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

Address Salahuddin Al Ayoubi Street, King Abdulaziz Sector, PO.Box 60536, Riyadh, SAU, 11555
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

Get the complete analysis for SAU:2370

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼31.22
Price
﷼42.18
GF Value