Islami Commercial Insurance Dividend
Dividend criteria checks 2/6
Islami Commercial Insurance is a dividend paying company with a current yield of 4.15% that is well covered by earnings.
Key information
4.1%
Dividend yield
85%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.17 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ICICL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ICICL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Islami Commercial Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ICICL) | 4.1% |
Market Bottom 25% (BD) | 1.1% |
Market Top 25% (BD) | 4.3% |
Industry Average (Insurance) | 3.1% |
Analyst forecast in 3 Years (ICICL) | n/a |
Notable Dividend: ICICL's dividend (4.15%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: ICICL's dividend (4.15%) is low compared to the top 25% of dividend payers in the BD market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.1%), ICICL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (176.9%), ICICL's dividend payments are not well covered by cash flows.