Gulf Insurance Group - Jordan Dividends and Buybacks
Dividend criteria checks 5/6
Gulf Insurance Group - Jordan is a dividend paying company with a current yield of 8.57% that is well covered by earnings.
Key information
8.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.أ0.150 |
| Payout ratio | 46% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GIGJ) | 8.6% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (Insurance) | 6.0% |
| Analyst forecast (GIGJ) (up to 3 years) | n/a |
Notable Dividend: GIGJ's dividend (8.57%) is higher than the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: GIGJ's dividend (8.57%) is in the top 25% of dividend payers in the JO market (7.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), GIGJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.4%), GIGJ's dividend payments are well covered by cash flows.