Sovereign Trust Insurance Dividends and Buybacks
Dividend criteria checks 3/6
Sovereign Trust Insurance is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
-9.9%
Buyback Yield
| Total Shareholder Yield | -6.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 52.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.030 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SOVRENINS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SOVRENINS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sovereign Trust Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOVRENINS) | 2.9% |
| Market Bottom 25% (NG) | 1.4% |
| Market Top 25% (NG) | 5.5% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast (SOVRENINS) (up to 3 years) | n/a |
Notable Dividend: SOVRENINS's dividend (2.94%) is higher than the bottom 25% of dividend payers in the NG market (1.43%).
High Dividend: SOVRENINS's dividend (2.94%) is low compared to the top 25% of dividend payers in the NG market (5.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22%), SOVRENINS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), SOVRENINS's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:21 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sovereign Trust Insurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|