Abu Dhabi National Insurance Company PJSC

ADX:ADNIC Stock Report

Market Cap: د.إ3.4b

Abu Dhabi National Insurance Company PJSC Dividends and Buybacks

Dividend criteria checks 3/6

Abu Dhabi National Insurance Company PJSC is a dividend paying company with a current yield of 7.44% that is well covered by earnings.

Key information

7.4%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield7.6%
Future Dividend Yield7.4%
Dividend Growth9.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareد.إ0.450
Payout ratio63%

Recent dividend and buyback updates

Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Mar 24
Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Mar 24
Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ADNIC's dividend payments have been volatile in the past 10 years.

Growing Dividend: ADNIC's dividend payments have not increased over the past 10 years.


Dividend Yield vs Market

Abu Dhabi National Insurance Company PJSC Dividend Yield vs Market
How does ADNIC dividend yield compare to the market?
SegmentDividend Yield
Company (ADNIC)7.4%
Market Bottom 25% (AE)3.2%
Market Top 25% (AE)6.2%
Industry Average (Insurance)6.3%
Analyst forecast (ADNIC) (up to 3 years)7.4%

Notable Dividend: ADNIC's dividend (7.44%) is higher than the bottom 25% of dividend payers in the AE market (3.24%).

High Dividend: ADNIC's dividend (7.44%) is in the top 25% of dividend payers in the AE market (6.23%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (63.4%), ADNIC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (591.2%), ADNIC's dividend payments are not well covered by cash flows.


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