New India Assurance Dividends and Buybacks
Dividend criteria checks 2/6
New India Assurance is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -11.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.060 |
| Payout ratio | 30% |
Recent dividend and buyback updates
New India Assurance (NSE:NIACL) Will Pay A Larger Dividend Than Last Year At ₹2.06
Sep 03
New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06
Aug 18New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06
Jul 23Recent updates
The New India Assurance Company Limited (NSE:NIACL) Shares Fly 26% But Investors Aren't Buying For Growth
Dec 22New India Assurance (NSE:NIACL) Will Pay A Larger Dividend Than Last Year At ₹2.06
Sep 03New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06
Aug 18New India Assurance (NSE:NIACL) Is Increasing Its Dividend To ₹2.06
Jul 23Earnings Not Telling The Story For The New India Assurance Company Limited (NSE:NIACL) After Shares Rise 28%
Jul 05The New India Assurance Company Limited (NSE:NIACL) Looks Just Right With A 28% Price Jump
Feb 17Market Might Still Lack Some Conviction On The New India Assurance Company Limited (NSE:NIACL) Even After 48% Share Price Boost
Dec 18Earnings Miss: The New India Assurance Company Limited Missed EPS By 32% And Analysts Are Revising Their Forecasts
Jun 09The New India Assurance Company Limited (NSE:NIACL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIACL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NIACL has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| New India Assurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIACL) | 1.0% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Insurance) | 1.0% |
| Analyst forecast (NIACL) (up to 3 years) | n/a |
Notable Dividend: NIACL's dividend (1.04%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: NIACL's dividend (1.04%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), NIACL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NIACL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:11 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The New India Assurance Company Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Batlivala & Karani Securities India Pvt. Ltd. |
| Anil Burra | FirstCall Research |
| Hitesh Gulati | Haitong International Research Limited |