Provati Insurance Dividend
Dividend criteria checks 2/6
Provati Insurance is a dividend paying company with a current yield of 3.21% that is well covered by earnings.
Key information
3.2%
Dividend yield
63%
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 | ৳2.92 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PROVATIINS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PROVATIINS's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Provati Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PROVATIINS) | 3.2% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Insurance) | 3.1% |
Analyst forecast in 3 Years (PROVATIINS) | n/a |
Notable Dividend: PROVATIINS's dividend (3.21%) is higher than the bottom 25% of dividend payers in the BD market (0.95%).
High Dividend: PROVATIINS's dividend (3.21%) is low compared to the top 25% of dividend payers in the BD market (4.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63%), PROVATIINS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (163.2%), PROVATIINS's dividend payments are not well covered by cash flows.