Sonar Bangla Insurance Dividend
Dividend criteria checks 2/6
Sonar Bangla Insurance is a dividend paying company with a current yield of 4.27% that is well covered by earnings.
Key information
4.3%
Dividend yield
68%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.000 |
| Earnings per share | ৳1.24 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SONARBAINS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SONARBAINS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sonar Bangla Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SONARBAINS) | 4.3% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (SONARBAINS) (up to 3 years) | n/a |
Notable Dividend: SONARBAINS's dividend (4.27%) is higher than the bottom 25% of dividend payers in the BD market (1.32%).
High Dividend: SONARBAINS's dividend (4.27%) is low compared to the top 25% of dividend payers in the BD market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), SONARBAINS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SONARBAINS is paying a dividend but the company has no free cash flows.