Kenya Reinsurance Dividend
Dividend criteria checks 3/6
Kenya Reinsurance is a dividend paying company with a current yield of 10.42% that is well covered by earnings.
Key information
10.4%
Dividend yield
15%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | KSh1.32 |
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 |
---|
Segment | Dividend Yield |
---|---|
Company (KNRE) | 10.4% |
Market Bottom 25% (KE) | 6.8% |
Market Top 25% (KE) | 11.5% |
Industry Average (Insurance) | 4.9% |
Analyst forecast in 3 Years (KNRE) | n/a |
Notable Dividend: KNRE's dividend (10.42%) is higher than the bottom 25% of dividend payers in the KE market (6.8%).
High Dividend: KNRE's dividend (10.42%) is low compared to the top 25% of dividend payers in the KE market (11.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), KNRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate KNRE's cash payout ratio to determine if its dividend payments are covered by cash flows.