City Insurance Dividend
Dividend criteria checks 3/6
City Insurance is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.7%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.200 |
| Earnings per share | ৳3.40 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CITYGENINS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CITYGENINS's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| City Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CITYGENINS) | 1.7% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.0% |
| Industry Average (Insurance) | 2.9% |
| Analyst forecast (CITYGENINS) (up to 3 years) | n/a |
Notable Dividend: CITYGENINS's dividend (1.75%) is higher than the bottom 25% of dividend payers in the BD market (1.11%).
High Dividend: CITYGENINS's dividend (1.75%) is low compared to the top 25% of dividend payers in the BD market (3.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), CITYGENINS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), CITYGENINS's dividend payments are well covered by cash flows.