Kenya Reinsurance Dividend
What is Kenya Reinsurance current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
5.56%
Current Dividend Yield
Dividend Yield vs Market
| Kenya Reinsurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KNRE) | 5.6% |
| Market Bottom 25% (KE) | 5.9% |
| Market Top 25% (KE) | 10.2% |
| Industry Average (Insurance) | 5.1% |
| Analyst forecast in 3 Years (KNRE) | n/a |
Notable Dividend: KNRE's dividend (5.56%) isn’t notable compared to the bottom 25% of dividend payers in the KE market (5.98%).
High Dividend: KNRE's dividend (5.56%) is low compared to the top 25% of dividend payers in the KE market (10.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/27/2023 | 0.1 | 5.56 |
| 3/30/2022 | 0.1 | 5.01 |
| 6/3/2021 | 0.2 | 8.41 |
| 6/18/2020 | 0.1 | 4.28 |
| 3/27/2020 | 0.1 | 4.12 |
| 6/13/2019 | 0.11 | 3.67 |
| 6/14/2018 | 0.21 | 5.91 |
| 3/28/2018 | 0.21 | 4.72 |
| 6/6/2017 | 0.2 | 3.99 |
| 6/7/2016 | 0.19 | 3.71 |
| 3/30/2016 | 0.19 | 3.68 |
| 4/23/2015 | 0.17 | 3.72 |
| 3/27/2015 | 0.17 | 3.82 |
| 5/16/2014 | 0.15 | 3.33 |
| 4/28/2014 | 0.15 | 3.03 |
| 5/16/2013 | 0.1 | 2.39 |
| 4/24/2013 | 0.1 | 2.38 |
| 5/18/2012 | 0.075 | 2.56 |
| 4/20/2012 | 0.075 | 3.33 |
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), KNRE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.5%), KNRE's dividend payments are thoroughly covered by cash flows.