Janata Insurance Dividend
Dividend criteria checks 3/6
Janata Insurance is a dividend paying company with a current yield of 3.42% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 9th June, 2024.
Key information
3.4%
Dividend yield
82%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 05 Sep 24 |
| Ex dividend date | 09 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ৳1.33 |
| 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: JANATAINS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JANATAINS's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Janata Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JANATAINS) | 3.4% |
| Market Bottom 25% (BD) | 0.9% |
| Market Top 25% (BD) | 4.2% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast in 3 Years (JANATAINS) | n/a |
Notable Dividend: JANATAINS's dividend (3.42%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: JANATAINS's dividend (3.42%) is low compared to the top 25% of dividend payers in the BD market (4.18%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), JANATAINS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.6%), JANATAINS's dividend payments are covered by cash flows.