Middle East Insurance Co.

ASE:MEIN Stock Report

Market Cap: د.أ29.3m

Middle East Insurance Dividends and Buybacks

Dividend criteria checks 1/6

Middle East Insurance is a dividend paying company with a current yield of 5.26%.

Key information

5.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareد.أ0.070
Payout ratio169%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: MEIN's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Middle East Insurance Dividend Yield vs Market
How does MEIN dividend yield compare to the market?
SegmentDividend Yield
Company (MEIN)5.3%
Market Bottom 25% (JO)4.5%
Market Top 25% (JO)7.7%
Industry Average (Insurance)6.0%
Analyst forecast (MEIN) (up to 3 years)n/a

Notable Dividend: MEIN's dividend (5.26%) is higher than the bottom 25% of dividend payers in the JO market (4.54%).

High Dividend: MEIN's dividend (5.26%) is low compared to the top 25% of dividend payers in the JO market (7.72%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (168.8%), MEIN's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

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


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