Oman Qatar Insurance Company SAOG Dividends and Buybacks
Dividend criteria checks 3/6
Oman Qatar Insurance Company SAOG is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.008 |
| Payout ratio | 35% |
Recent dividend and buyback 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 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Oman Qatar Insurance Company SAOG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OQIC) | 4.0% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 8.0% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (OQIC) (up to 3 years) | n/a |
Notable Dividend: OQIC's dividend (4%) is higher than the bottom 25% of dividend payers in the OM market (3.98%).
High Dividend: OQIC's dividend (4%) is low compared to the top 25% of dividend payers in the OM market (8.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), OQIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), OQIC's dividend payments are well covered by cash flows.