Oman Qatar Insurance Company SAOG Dividend
Dividend criteria checks 3/6
Oman Qatar Insurance Company SAOG is a dividend paying company with a current yield of 4.71% that is well covered by earnings.
Key information
4.7%
Dividend yield
28%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.ع0.028 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OQIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OQIC has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
Oman Qatar Insurance Company SAOG Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OQIC) | 4.7% |
Market Bottom 25% (OM) | 3.7% |
Market Top 25% (OM) | 7.2% |
Industry Average (Insurance) | 3.4% |
Analyst forecast in 3 Years (OQIC) | n/a |
Notable Dividend: OQIC's dividend (4.71%) is higher than the bottom 25% of dividend payers in the OM market (3.66%).
High Dividend: OQIC's dividend (4.71%) is low compared to the top 25% of dividend payers in the OM market (7.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.2%), OQIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), OQIC's dividend payments are thoroughly covered by cash flows.