Prestige Assurance Dividend

What is Prestige Assurance current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.57%

Current Dividend Yield

Stability and Growth of Payments

How stable has Prestige Assurance's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
2/6/20230.0153.57
4/30/20220.0153.43
4/7/20210.0255.34
10/30/2020-0
7/28/2020-0
5/5/2020-0
1/30/2020-0
4/15/20190.0255.97
10/30/2013-0
8/29/2013-0

Stable Dividend: PRESTIGE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PRESTIGE has only been paying a dividend for 4 years, and since then payments have fallen.


Dividend Yield vs Market

Prestige Assurance Dividend Yield vs Market
How does PRESTIGE dividend yield compare to the market?
SegmentDividend Yield
Company (PRESTIGE)3.6%
Market Bottom 25% (NG)3.7%
Market Top 25% (NG)8.0%
Industry Average (Insurance)6.0%
Analyst forecast in 3 Years (PRESTIGE)n/a

Notable Dividend: PRESTIGE's dividend (3.57%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.67%).

High Dividend: PRESTIGE's dividend (3.57%) is low compared to the top 25% of dividend payers in the NG market (8.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.9%), PRESTIGE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: PRESTIGE is paying a dividend but the company has no free cash flows.


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