Abu Dhabi National Insurance Company PJSC Dividend
Dividend criteria checks 4/6
Abu Dhabi National Insurance Company PJSC is a dividend paying company with a current yield of 7.88% that is well covered by earnings.
Key information
7.9%
Dividend yield
64%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.إ0.71 |
| Dividend yield forecast in 3Y | 7.9% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADNIC) | 7.9% |
| Market Bottom 25% (AE) | 3.1% |
| Market Top 25% (AE) | 7.0% |
| Industry Average (Insurance) | 6.2% |
| Analyst forecast in 3 Years (ADNIC) | 7.9% |
Notable Dividend: ADNIC's dividend (7.88%) is higher than the bottom 25% of dividend payers in the AE market (3.14%).
High Dividend: ADNIC's dividend (7.88%) is in the top 25% of dividend payers in the AE market (6.96%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), ADNIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.7%), ADNIC's dividend payments are covered by cash flows.