Prestige Assurance Dividend
What is Prestige Assurance current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/6/2023 | 0.015 | 3.57 |
| 4/30/2022 | 0.015 | 3.43 |
| 4/7/2021 | 0.025 | 5.34 |
| 10/30/2020 | - | 0 |
| 7/28/2020 | - | 0 |
| 5/5/2020 | - | 0 |
| 1/30/2020 | - | 0 |
| 4/15/2019 | 0.025 | 5.97 |
| 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 |
|---|
| Segment | Dividend 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.