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National Takaful Company (Watania) P.J.S.C Dividend
Dividend criteria checks 2/6
Key information
8.4%
Dividend yield
329%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.إ0.023 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is National Takaful Company (Watania) P.J.S.C. (ADX:WATANIA) An Attractive Dividend Stock?
Feb 09
National Takaful Company (Watania) P.J.S.C.'s (ADX:WATANIA) Stock Is Going Strong: Is the Market Following Fundamentals?
Dec 29Key Things To Watch Out For If You Are After National Takaful Company (Watania) P.J.S.C.'s (ADX:WATANIA) 6.0% Dividend
Jun 30
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WATANIA has been paying a dividend for less than 10 years.
Growing Dividend: WATANIA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| National Takaful Company (Watania) P.J.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WATANIA) | 8.4% |
| Market Bottom 25% (AE) | 3.3% |
| Market Top 25% (AE) | 6.9% |
| Industry Average (Insurance) | 6.0% |
| Analyst forecast in 3 Years (WATANIA) | n/a |
Notable Dividend: WATANIA's dividend (8.43%) is higher than the bottom 25% of dividend payers in the AE market (3.16%).
High Dividend: WATANIA's dividend (8.43%) is in the top 25% of dividend payers in the AE market (5.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (328.9%), WATANIA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WATANIA is paying a dividend but the company has no free cash flows.