Wafa Assurance Dividends and Buybacks
Dividend criteria checks 5/6
Wafa Assurance is a dividend paying company with a current yield of 3.15% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م140.000 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WAA's dividends per share have been stable in the past 10 years.
Growing Dividend: WAA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wafa Assurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WAA) | 3.1% |
| Market Bottom 25% (MA) | 2.1% |
| Market Top 25% (MA) | 4.4% |
| Industry Average (Insurance) | 3.7% |
| Analyst forecast (WAA) (up to 3 years) | 3.4% |
Notable Dividend: WAA's dividend (3.15%) is higher than the bottom 25% of dividend payers in the MA market (2.14%).
High Dividend: WAA's dividend (3.15%) is low compared to the top 25% of dividend payers in the MA market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64%), WAA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.5%), WAA's dividend payments are thoroughly covered by cash flows.