Jul 11
First quarter dividend of US$0.40 announced
Dividend of US$0.40 is the same as last year.
- Ex-date: 16th August 2024
- Payment date: 20th September 2024
- Dividend yield will be 1.8%, which is about the same as the industry average.
Sustainability & Growth
- Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (5% cash payout ratio).
- The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
- EPS is expected to decline by 6.7% over the next year. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
Current Net Profit Margin
17.19%
Insurance Net Profit Margin
9.58%
Jul 11
First quarter dividend of US$0.40 announced
Dividend of US$0.40 is the same as last year.
- Ex-date: 16th August 2024
- Payment date: 20th September 2024
- Dividend yield will be 1.8%, which is about the same as the industry average.
Sustainability & Growth
- Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (5% cash payout ratio).
- The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
EPS is expected to decline by 6.7% over the next year. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
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