Warba Insurance and Reinsurance Company (K.S.C.P.) Dividend
Dividend criteria checks 5/6
Warba Insurance and Reinsurance Company (K.S.C.P.) is a dividend paying company with a current yield of 7.69% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
7.7%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 08 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | د.ك0.03 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WINSRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: WINSRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Warba Insurance and Reinsurance Company (K.S.C.P.) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WINSRE) | 7.7% |
| Market Bottom 25% (KW) | 3.5% |
| Market Top 25% (KW) | 6.6% |
| Industry Average (Insurance) | 2.9% |
| Analyst forecast in 3 Years (WINSRE) | n/a |
Notable Dividend: WINSRE's dividend (7.69%) is higher than the bottom 25% of dividend payers in the KW market (3.54%).
High Dividend: WINSRE's dividend (7.69%) is in the top 25% of dividend payers in the KW market (6.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34%), WINSRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.9%), WINSRE's dividend payments are well covered by cash flows.