Solidarity Bahrain B.S.C Dividend
Dividend criteria checks 4/6
Solidarity Bahrain B.S.C is a dividend paying company with a current yield of 8.06% that is well covered by earnings.
Key information
8.1%
Dividend yield
77%
Payout ratio
Industry average yield | 11.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ب.د0.033 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOLID's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOLID's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Solidarity Bahrain B.S.C Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SOLID) | 8.1% |
Market Bottom 25% (BH) | 5.5% |
Market Top 25% (BH) | 7.4% |
Industry Average (Insurance) | 11.2% |
Analyst forecast in 3 Years (SOLID) | n/a |
Notable Dividend: SOLID's dividend (8.06%) is higher than the bottom 25% of dividend payers in the BH market (5.45%).
High Dividend: SOLID's dividend (8.06%) is in the top 25% of dividend payers in the BH market (7.38%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.7%), SOLID's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (192.6%), SOLID's dividend payments are not well covered by cash flows.