Middle East Insurance Dividend
Dividend criteria checks 4/6
Middle East Insurance is a dividend paying company with a current yield of 13.39%.
Key information
13.4%
Dividend yield
230%
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.أ0.065 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 increased over the past 10 years.
Dividend Yield vs Market
Middle East Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MEIN) | 13.4% |
Market Bottom 25% (JO) | 4.6% |
Market Top 25% (JO) | 7.7% |
Industry Average (Insurance) | 7.3% |
Analyst forecast in 3 Years (MEIN) | n/a |
Notable Dividend: MEIN's dividend (13.39%) is higher than the bottom 25% of dividend payers in the JO market (4.65%).
High Dividend: MEIN's dividend (13.39%) is in the top 25% of dividend payers in the JO market (7.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (230.3%), MEIN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.9%), MEIN's dividend payments are covered by cash flows.