Provati Insurance Dividends and Buybacks
Dividend criteria checks 2/6
Provati Insurance is a dividend paying company with a current yield of 3.67% that is well covered by earnings.
Key information
3.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.250 |
| Payout ratio | 65% |
Recent dividend and buyback 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 9 years.
Dividend Yield vs Market
| Provati Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PROVATIINS) | 3.7% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (PROVATIINS) (up to 3 years) | n/a |
Notable Dividend: PROVATIINS's dividend (3.67%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: PROVATIINS's dividend (3.67%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), PROVATIINS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PROVATIINS is paying a dividend but the company has no free cash flows.