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 Yield | 7.6% |
Future Dividend Yield | 7.4% |
Dividend Growth | 9.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | د.إ0.450 |
Payout ratio | 63% |
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 |
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Segment | Dividend 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.