Dubai National Insurance & Reinsurance Co. (P.S.C.)

DFM:DNIR Stock Report

Market Cap: د.إ566.0m

Dubai National Insurance & Reinsurance (P.S.C.) Dividend

Dividend criteria checks 1/6

Dubai National Insurance & Reinsurance (P.S.C.) is a dividend paying company with a current yield of 2.04% that is well covered by earnings.

Key information

2.0%

Dividend yield

25%

Payout ratio

Industry average yield6.1%
Next dividend pay daten/a
Ex dividend date03 May 24
Dividend per sharen/a
Earnings per shareد.إ0.41
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Here's What You Should Know About Dubai National Insurance & Reinsurance Co. (P.S.C.)'s (DFM:DNIR) 6.0% Dividend Yield

Mar 07
Here's What You Should Know About Dubai National Insurance & Reinsurance Co. (P.S.C.)'s (DFM:DNIR) 6.0% Dividend Yield

Here's What Dubai National Insurance & Reinsurance (P.S.C.)'s (DFM:DNIR) Shareholder Ownership Structure Looks Like

Feb 08
Here's What Dubai National Insurance & Reinsurance (P.S.C.)'s (DFM:DNIR) Shareholder Ownership Structure Looks Like

Does The Market Have A Low Tolerance For Dubai National Insurance & Reinsurance (P.S.C.)'s (DFM:DNIR) Mixed Fundamentals?

Dec 22
Does The Market Have A Low Tolerance For Dubai National Insurance & Reinsurance (P.S.C.)'s (DFM:DNIR) Mixed Fundamentals?

With EPS Growth And More, Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) Is Interesting

Dec 02
With EPS Growth And More, Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) Is Interesting

Upcoming Dividend Payment

TodayApr 25 2024Ex Dividend DateMay 03 20240Buy in the next 7 days to receive the upcoming dividend0

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DNIR's dividend payments have been volatile in the past 10 years.

Growing Dividend: DNIR's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Dubai National Insurance & Reinsurance (P.S.C.) Dividend Yield vs Market
How does DNIR dividend yield compare to the market?
SegmentDividend Yield
Company (DNIR)2.0%
Market Bottom 25% (AE)3.3%
Market Top 25% (AE)6.9%
Industry Average (Insurance)6.1%
Analyst forecast in 3 Years (DNIR)n/a

Notable Dividend: DNIR's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.26%).

High Dividend: DNIR's dividend (2.04%) is low compared to the top 25% of dividend payers in the AE market (6.88%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.5%), DNIR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: DNIR is paying a dividend but the company has no free cash flows.


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