National General Insurance (P.J.S.C.) Dividend
What is National General Insurance (P.J.S.C.) current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
10.00%
Current Dividend Yield
Dividend Yield vs Market
| National General Insurance (P.J.S.C.) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NGI) | 10.0% |
| Market Bottom 25% (AE) | 3.5% |
| Market Top 25% (AE) | 6.2% |
| Industry Average (Insurance) | 5.9% |
| Analyst forecast in 3 Years (NGI) | n/a |
Notable Dividend: NGI's dividend (10%) is higher than the bottom 25% of dividend payers in the AE market (3.49%).
High Dividend: NGI's dividend (10%) is in the top 25% of dividend payers in the AE market (6.19%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/29/2023 | 0.3 | 10 |
| 4/7/2022 | 0.3 | 7.95 |
| 3/29/2021 | 0.15 | 4.88 |
| 2/16/2020 | 0.1 | 4.53 |
| 2/20/2019 | 0.15 | 7.1 |
| 2/24/2017 | 0.12 | 5.72 |
| 3/3/2016 | 0.1 | 4.65 |
| 3/17/2015 | 0.25 | 7.75 |
| 2/12/2014 | 0.2 | 4.73 |
| 2/13/2013 | 0.2 | 3.02 |
| 5/3/2012 | 0.15 | 2.67 |
Stable Dividend: NGI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NGI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.2%), NGI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (166%), NGI's dividend payments are not well covered by cash flows.