SIC Insurance Dividends and Buybacks
Dividend criteria checks 3/6
SIC Insurance is a dividend paying company with a current yield of 20.44% that is well covered by earnings.
Key information
20.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | GH₵0.0511 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SIC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| SIC Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIC) | 20.4% |
| Market Bottom 25% (GH) | 4.9% |
| Market Top 25% (GH) | 16.7% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast (SIC) (up to 3 years) | n/a |
Notable Dividend: SIC's dividend (20.44%) is higher than the bottom 25% of dividend payers in the GH market (4.9%).
High Dividend: SIC's dividend (20.44%) is in the top 25% of dividend payers in the GH market (16.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.1%), SIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate SIC's cash payout ratio to determine if its dividend payments are covered by cash flows.