Kenya Reinsurance Corporation Limited

NASE:KNRE Stock Report

Mkt Cap: KSh5.0b

Kenya Reinsurance Dividend

What is Kenya Reinsurance current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend 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
How does KNRE dividend yield compare to the market?
SegmentDividend 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

How stable has Kenya Reinsurance's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/27/20230.15.56
3/30/20220.15.01
6/3/20210.28.41
6/18/20200.14.28
3/27/20200.14.12
6/13/20190.113.67
6/14/20180.215.91
3/28/20180.214.72
6/6/20170.23.99
6/7/20160.193.71
3/30/20160.193.68
4/23/20150.173.72
3/27/20150.173.82
5/16/20140.153.33
4/28/20140.153.03
5/16/20130.12.39
4/24/20130.12.38
5/18/20120.0752.56
4/20/20120.0753.33

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.


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