Gulf Insurance Group - Jordan Dividend
Dividend criteria checks 5/6
Gulf Insurance Group - Jordan is a dividend paying company with a current yield of 7.85% that is well covered by earnings.
Key information
7.9%
Dividend yield
49%
Payout ratio
Industry average yield | 7.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GIGJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: GIGJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gulf Insurance Group - Jordan Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GIGJ) | 7.9% |
Market Bottom 25% (JO) | 4.7% |
Market Top 25% (JO) | 7.5% |
Industry Average (Insurance) | 7.3% |
Analyst forecast in 3 Years (GIGJ) | n/a |
Notable Dividend: GIGJ's dividend (7.85%) is higher than the bottom 25% of dividend payers in the JO market (4.7%).
High Dividend: GIGJ's dividend (7.85%) is in the top 25% of dividend payers in the JO market (7.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.4%), GIGJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), GIGJ's dividend payments are well covered by cash flows.