Caribbean Assurance Brokers Limited

JMSE:CABROKERS Stock Report

Market Cap: JA$937.1m

Caribbean Assurance Brokers Dividend

Dividend criteria checks 4/6

Caribbean Assurance Brokers is a dividend paying company with a current yield of 3.95% that is well covered by earnings.

Key information

4.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJA$0.141
Payout ratio39%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, CABROKERS has been paying a dividend for less than 10 years.

Growing Dividend: CABROKERS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Caribbean Assurance Brokers Dividend Yield vs Market
How does CABROKERS dividend yield compare to the market?
SegmentDividend Yield
Company (CABROKERS)4.0%
Market Bottom 25% (JM)1.8%
Market Top 25% (JM)3.3%
Industry Average (Insurance)6.7%
Analyst forecast (CABROKERS) (up to 3 years)n/a

Notable Dividend: CABROKERS's dividend (3.95%) is higher than the bottom 25% of dividend payers in the JM market (1.83%).

High Dividend: CABROKERS's dividend (3.95%) is in the top 25% of dividend payers in the JM market (3.31%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (38.6%), CABROKERS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40%), CABROKERS's dividend payments are well covered by cash flows.


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