Bangladesh National Insurance is a dividend paying company with a current yield of 4.26% that is well covered by earnings. Next payment date is on 25th July, 2024 with an ex-dividend date of 28th May, 2024.
Key information
4.3%
Dividend yield
57%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
25 Jul 24
Ex dividend date
28 May 24
Dividend per share
n/a
Earnings per share
৳3.51
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BNICL has been paying a dividend for less than 10 years.
Growing Dividend: BNICL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Bangladesh National Insurance Dividend Yield vs Market
How does BNICL dividend yield compare to the market?
Segment
Dividend Yield
Company (BNICL)
4.3%
Market Bottom 25% (BD)
0.9%
Market Top 25% (BD)
4.2%
Industry Average (Insurance)
3.0%
Analyst forecast in 3 Years (BNICL)
n/a
Notable Dividend: BNICL's dividend (4.26%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: BNICL's dividend (4.26%) is in the top 25% of dividend payers in the BD market (4.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57%), BNICL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), BNICL's dividend payments are well covered by cash flows.