Desh General Insurance Dividend
Dividend criteria checks 2/6
Desh General Insurance is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
48%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.04 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DGIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DGIC has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Desh General Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DGIC) | 1.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Insurance) | 2.9% |
Analyst forecast in 3 Years (DGIC) | n/a |
Notable Dividend: DGIC's dividend (1.64%) is higher than the bottom 25% of dividend payers in the BD market (0.9%).
High Dividend: DGIC's dividend (1.64%) is low compared to the top 25% of dividend payers in the BD market (4.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), DGIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate DGIC's cash payout ratio to determine if its dividend payments are covered by cash flows.