Sagicor Group Jamaica Limited

JMSE:SJ Stock Report

Market Cap: JA$156.0b

Sagicor Group Jamaica Dividend

Dividend criteria checks 4/6

Sagicor Group Jamaica is a dividend paying company with a current yield of 3.66% that is well covered by earnings. Next payment date is on 16th October, 2024 with an ex-dividend date of 23rd September, 2024.

Key information

3.7%

Dividend yield

29%

Payout ratio

Industry average yield6.5%
Next dividend pay date16 Oct 24
Ex dividend date23 Sep 24
Dividend per shareJA$1.465
Earnings per shareJA$3.27
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodaySep 17 2024Ex Dividend DateSep 23 2024Dividend Pay DateOct 16 202423 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SJ's dividend payments have been volatile in the past 10 years.

Growing Dividend: SJ's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Sagicor Group Jamaica Dividend Yield vs Market
How does SJ dividend yield compare to the market?
SegmentDividend Yield
Company (SJ)3.7%
Market Bottom 25% (JM)1.7%
Market Top 25% (JM)3.3%
Industry Average (Insurance)6.5%
Analyst forecast (SJ) (up to 3 years)n/a

Notable Dividend: SJ's dividend (3.66%) is higher than the bottom 25% of dividend payers in the JM market (1.74%).

High Dividend: SJ's dividend (3.66%) is in the top 25% of dividend payers in the JM market (3.33%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.3%), SJ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SJ is paying a dividend but the company has no free cash flows.


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