CIC Insurance Group Dividend
Dividend criteria checks 3/6
CIC Insurance Group is a dividend paying company with a current yield of 6.47% that is well covered by earnings.
Key information
6.5%
Dividend yield
23%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | KSh0.130 |
| Earnings per share | KSh0.57 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CIC Insurance Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIC) | 6.5% |
| Market Bottom 25% (KE) | 6.6% |
| Market Top 25% (KE) | 11.9% |
| Industry Average (Insurance) | 4.0% |
| Analyst forecast (CIC) (up to 3 years) | n/a |
Notable Dividend: CIC's dividend (6.47%) isn’t notable compared to the bottom 25% of dividend payers in the KE market (6.59%).
High Dividend: CIC's dividend (6.47%) is low compared to the top 25% of dividend payers in the KE market (11.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), CIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.3%), CIC's dividend payments are thoroughly covered by cash flows.