Islami Insurance Bangladesh is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 19th August, 2024 with an ex-dividend date of 2nd June, 2024.
Key information
3.0%
Dividend yield
41%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
19 Aug 24
Ex dividend date
02 Jun 24
Dividend per share
n/a
Earnings per share
৳3.04
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ISLAMIINS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ISLAMIINS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Islami Insurance Bangladesh Dividend Yield vs Market
How does ISLAMIINS dividend yield compare to the market?
Segment
Dividend Yield
Company (ISLAMIINS)
3.0%
Market Bottom 25% (BD)
0.9%
Market Top 25% (BD)
4.2%
Industry Average (Insurance)
3.0%
Analyst forecast in 3 Years (ISLAMIINS)
n/a
Notable Dividend: ISLAMIINS's dividend (2.93%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: ISLAMIINS's dividend (2.93%) is low compared to the top 25% of dividend payers in the BD market (4.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.1%), ISLAMIINS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ISLAMIINS is paying a dividend but the company has no free cash flows.