Meghna Insurance Dividends and Buybacks
Dividend criteria checks 1/6
Meghna Insurance is a dividend paying company with a current yield of 3.29%.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.000 |
| Payout ratio | -509% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MEGHNAINS has been paying a dividend for less than 10 years.
Growing Dividend: MEGHNAINS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Meghna Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEGHNAINS) | 3.3% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (MEGHNAINS) (up to 3 years) | n/a |
Notable Dividend: MEGHNAINS's dividend (3.29%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: MEGHNAINS's dividend (3.29%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: MEGHNAINS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (299.2%), MEGHNAINS's dividend payments are not well covered by cash flows.