Alliance Insurance P.S.C Dividend
Dividend criteria checks 3/6
Alliance Insurance P.S.C is a dividend paying company with a current yield of 7.69% that is well covered by earnings.
Key information
7.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | 03 May 24 |
| Dividend per share | د.إ30.000 |
| Payout ratio | 56% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ALLIANCE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ALLIANCE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Alliance Insurance P.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALLIANCE) | 7.7% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.3% |
| Industry Average (Insurance) | 6.3% |
| Analyst forecast (ALLIANCE) (up to 3 years) | n/a |
Notable Dividend: ALLIANCE's dividend (7.69%) is higher than the bottom 25% of dividend payers in the AE market (3.28%).
High Dividend: ALLIANCE's dividend (7.69%) is in the top 25% of dividend payers in the AE market (6.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.7%), ALLIANCE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALLIANCE is paying a dividend but the company has no free cash flows.