Kenya Reinsurance Dividend
Dividend criteria checks 3/6
Kenya Reinsurance is a dividend paying company with a current yield of 11.36% that is well covered by earnings.
Key information
11.4%
Dividend yield
17%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | KSh0.150 |
Earnings per share | KSh0.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KNRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: KNRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Kenya Reinsurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (KNRE) | 11.4% |
Market Bottom 25% (KE) | 6.4% |
Market Top 25% (KE) | 11.7% |
Industry Average (Insurance) | 4.3% |
Analyst forecast in 3 Years (KNRE) | n/a |
Notable Dividend: KNRE's dividend (11.36%) is higher than the bottom 25% of dividend payers in the KE market (6.37%).
High Dividend: KNRE's dividend (11.36%) is low compared to the top 25% of dividend payers in the KE market (11.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), KNRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (232.6%), KNRE's dividend payments are not well covered by cash flows.