Express Insurance Dividend
Dividend criteria checks 2/6
Express Insurance is a dividend paying company with a current yield of 2.27%.
Key information
2.3%
Dividend yield
127%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳0.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EIL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EIL has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Express Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (EIL) | 2.3% |
Market Bottom 25% (BD) | 1.1% |
Market Top 25% (BD) | 4.6% |
Industry Average (Insurance) | 3.3% |
Analyst forecast in 3 Years (EIL) | n/a |
Notable Dividend: EIL's dividend (2.27%) is higher than the bottom 25% of dividend payers in the BD market (1.14%).
High Dividend: EIL's dividend (2.27%) is low compared to the top 25% of dividend payers in the BD market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (127%), EIL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.9%), EIL's dividend payments are covered by cash flows.