Sonali Life Insurance Dividend
Dividend criteria checks 3/6
Sonali Life Insurance is a dividend paying company with a current yield of 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
2%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳83.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SONALILIFE has been paying a dividend for less than 10 years.
Growing Dividend: SONALILIFE's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Sonali Life Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SONALILIFE) | 2.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.2% |
Industry Average (Insurance) | 3.0% |
Analyst forecast in 3 Years (SONALILIFE) | n/a |
Notable Dividend: SONALILIFE's dividend (2.64%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: SONALILIFE's dividend (2.64%) is low compared to the top 25% of dividend payers in the BD market (4.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.4%), SONALILIFE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.9%), SONALILIFE's dividend payments are thoroughly covered by cash flows.