Chartered Life Insurance Dividends and Buybacks
Dividend criteria checks 2/6
Chartered Life Insurance is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
-10.2%
Buyback Yield
| Total Shareholder Yield | -9.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.250 |
| Payout ratio | 7% |
Recent dividend and buyback 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) | 4.4% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (CLICL) (up to 3 years) | n/a |
Notable Dividend: CLICL's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: CLICL's dividend (0.64%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.3%), CLICL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.6%), CLICL's dividend payments are thoroughly covered by cash flows.