Sonali Life Insurance Dividends and Buybacks
Dividend criteria checks 2/6
Sonali Life Insurance is a dividend paying company with a current yield of 3.74% 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 | 28.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳2.000 |
| Payout ratio | 2% |
Recent dividend and buyback 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) | 3.7% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Insurance) | 3.3% |
| Analyst forecast (SONALILIFE) (up to 3 years) | n/a |
Notable Dividend: SONALILIFE's dividend (3.74%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: SONALILIFE's dividend (3.74%) is low compared to the top 25% of dividend payers in the BD market (4.41%).
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: Insufficient data to calculate SONALILIFE's cash payout ratio to determine if its dividend payments are covered by cash flows.