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Atlas Elevators General Trading and Contracting Co (SAU:9578) Dividend Yield % : 2.43% (As of Dec. 12, 2024)


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What is Atlas Elevators General Trading and Contracting Co Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of Atlas Elevators General Trading and Contracting Co is 2.43%.

The historical rank and industry rank for Atlas Elevators General Trading and Contracting Co's Dividend Yield % or its related term are showing as below:

SAU:9578' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.85
Current: 2.43

During the past 2 years, the highest Dividend Yield of Atlas Elevators General Trading and Contracting Co was 5.85%. The lowest was 0.00%. And the median was 0.00%.

SAU:9578's Dividend Yield % is ranked worse than
60.95% of 105 companies
in the Industrial Distribution industry
Industry Median: 2.99 vs SAU:9578: 2.43

Atlas Elevators General Trading and Contracting Co's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.88.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Atlas Elevators General Trading and Contracting Co is 1.16, which seems too high.

During the past 2 years, the highest Dividend Payout Ratio of Atlas Elevators General Trading and Contracting Co was 1.16. The lowest was 0.25. And the median was 0.25.

As of today (2024-12-12), the Forward Dividend Yield % of Atlas Elevators General Trading and Contracting Co is 4.85%.

Atlas Elevators General Trading and Contracting Co's Dividends per Share for the six months ended in Jun. 2024 was ﷼0.50.

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.


Atlas Elevators General Trading and Contracting Co Dividend Yield % Historical Data

The historical data trend for Atlas Elevators General Trading and Contracting 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.

* Premium members only.

Atlas Elevators General Trading and Contracting Co Dividend Yield % Chart

Atlas Elevators General Trading and Contracting Co Annual Data
Trend Dec22 Dec23
Dividend Yield %
- 2.50

Atlas Elevators General Trading and Contracting Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Dividend Yield % - - 2.50 5.13

Competitive Comparison of Atlas Elevators General Trading and Contracting Co's Dividend Yield %

For the Industrial Distribution subindustry, Atlas Elevators General Trading and Contracting 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.


Atlas Elevators General Trading and Contracting Co's Dividend Yield % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Atlas Elevators General Trading and Contracting Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Atlas Elevators General Trading and Contracting Co's Dividend Yield % falls into.



Atlas Elevators General Trading and Contracting Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Atlas Elevators General Trading and Contracting Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SAR 0.5000002024-05-302024-06-022024-06-11Cash 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.

Atlas Elevators General Trading and Contracting Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/20.60
=2.43 %

Current Share Price is ﷼20.60.
Atlas Elevators General Trading and Contracting Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ﷼0.5.

Atlas Elevators General Trading and Contracting Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/20.60
=4.85 %

Current Share Price is ﷼20.60.
Atlas Elevators General Trading and Contracting Co's Dividends per Share for the forward twelve months is calculated as ﷼0.5 * 2 = ﷼1.

* 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.


Atlas Elevators General Trading and Contracting Co  (SAU:9578) 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.


Atlas Elevators General Trading and Contracting Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Atlas Elevators General Trading and Contracting Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Elevators General Trading and Contracting Co Business Description

Traded in Other Exchanges
N/A
Address
Area 223 Block1, Building 96, Beside fire station, Kuwait, SAU
Atlas Elevators General Trading and Contracting Co is a company specializing in the supply, sale, installation and maintenance of the highest-quality elevators, hydraulic lifts and escalators, all conforming to European standards. It has has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra also operate's in Saudi Arabia, Qatar, Bahrain and Oman.

Atlas Elevators General Trading and Contracting Co Headlines

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