Sena Insurance Dividend
Dividend criteria checks 2/6
Sena Insurance is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.350 |
| Earnings per share | ৳3.42 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SIPLC has been paying a dividend for less than 10 years.
Growing Dividend: SIPLC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Sena Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIPLC) | 3.1% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.7% |
| Industry Average (Insurance) | 3.5% |
| Analyst forecast (SIPLC) (up to 3 years) | n/a |
Notable Dividend: SIPLC's dividend (3.1%) is higher than the bottom 25% of dividend payers in the BD market (1.31%).
High Dividend: SIPLC's dividend (3.1%) is low compared to the top 25% of dividend payers in the BD market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), SIPLC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate SIPLC's cash payout ratio to determine if its dividend payments are covered by cash flows.