Al Ain Ahlia Insurance Company P.S.C Dividend
Dividend criteria checks 3/6
Al Ain Ahlia Insurance Company P.S.C is a dividend paying company with a current yield of 6.25% that is well covered by earnings.
Key information
6.3%
Dividend yield
87%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.إ2.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
You Have To Love Al Ain Ahlia Insurance Company P.S.C.'s (ADX:ALAIN) Dividend
Mar 18
I Ran A Stock Scan For Earnings Growth And Al Ain Ahlia Insurance P.S.C (ADX:ALAIN) Passed With Ease
Feb 20
Is Al Ain Ahlia Insurance Co. P.S.C.'s (ADX:ALAIN) Shareholder Ownership Skewed Towards Insiders?
Jan 02Should You Buy Al Ain Ahlia Insurance Co. P.S.C. (ADX:ALAIN) For Its Dividend?
Dec 13With EPS Growth And More, Al Ain Ahlia Insurance P.S.C (ADX:ALAIN) Is Interesting
Nov 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALAIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALAIN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Al Ain Ahlia Insurance Company P.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALAIN) | 6.3% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.8% |
| Industry Average (Insurance) | 5.9% |
| Analyst forecast in 3 Years (ALAIN) | n/a |
Notable Dividend: ALAIN's dividend (6.25%) is higher than the bottom 25% of dividend payers in the AE market (3.23%).
High Dividend: ALAIN's dividend (6.25%) is low compared to the top 25% of dividend payers in the AE market (6.86%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.7%), ALAIN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.8%), ALAIN's dividend payments are well covered by cash flows.