Chartered Life Insurance Dividend
Dividend criteria checks 1/6
Chartered Life Insurance is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
7%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.250 |
| Earnings per share | ৳2.98 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CLICL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CLICL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Chartered Life Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLICL) | 0.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.1% |
| Industry Average (Insurance) | 2.9% |
| Analyst forecast (CLICL) (up to 3 years) | n/a |
Notable Dividend: CLICL's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.11%).
High Dividend: CLICL's dividend (0.59%) is low compared to the top 25% of dividend payers in the BD market (4.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.7%), CLICL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CLICL's cash payout ratio to determine if its dividend payments are covered by cash flows.