Emirates Insurance Company P.J.S.C Dividend
Dividend criteria checks 5/6
Emirates Insurance Company P.J.S.C is a dividend paying company with a current yield of 6.88% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 1st May, 2024.
Key information
6.9%
Dividend yield
65%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 01 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.إ0.84 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Many Still Looking Away From Emirates Insurance Company P.J.S.C. (ADX:EIC)
May 01
Emirates Insurance Company P.J.S.C's (ADX:EIC) Dividend Will Be Reduced To د.إ0.50
Mar 02Here's How We Evaluate Emirates Insurance Company P.J.S.C.'s (ADX:EIC) Dividend
Mar 22Did You Participate In Any Of Emirates Insurance Company P.J.S.C's (ADX:EIC) Respectable 82% Return?
Feb 26How Many Emirates Insurance Company P.J.S.C. (ADX:EIC) Shares Do Institutions Own?
Jan 20Is Emirates Insurance Company P.J.S.C.'s (ADX:EIC) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 24Is Emirates Insurance Company P.J.S.C. (ADX:EIC) A Smart Pick For Income Investors?
Dec 02
Emirates Insurance Company P.J.S.C.'s (ADX:EIC) Shares Not Telling The Full Story
Aug 12Did You Participate In Any Of Emirates Insurance Company P.J.S.C's (ADX:EIC) Respectable 47% Return?
Jul 23Do Institutions Own Emirates Insurance Company P.J.S.C. (ADX:EIC) Shares?
Jul 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EIC's dividends per share have been stable in the past 10 years.
Growing Dividend: EIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Emirates Insurance Company P.J.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EIC) | 6.9% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.9% |
| Industry Average (Insurance) | 5.9% |
| Analyst forecast in 3 Years (EIC) | n/a |
Notable Dividend: EIC's dividend (6.88%) is higher than the bottom 25% of dividend payers in the AE market (3.23%).
High Dividend: EIC's dividend (6.88%) is in the top 25% of dividend payers in the AE market (6.86%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.3%), EIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EIC is paying a dividend but the company has no free cash flows.