Cornerstone Insurance Dividend
Dividend criteria checks 3/6
Cornerstone Insurance is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
9%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦0.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CORNERST has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CORNERST's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Cornerstone Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CORNERST) | 3.3% |
Market Bottom 25% (NG) | 2.1% |
Market Top 25% (NG) | 6.7% |
Industry Average (Insurance) | 4.7% |
Analyst forecast in 3 Years (CORNERST) | n/a |
Notable Dividend: CORNERST's dividend (3.33%) is higher than the bottom 25% of dividend payers in the NG market (2.11%).
High Dividend: CORNERST's dividend (3.33%) is low compared to the top 25% of dividend payers in the NG market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), CORNERST's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.8%), CORNERST's dividend payments are thoroughly covered by cash flows.