Askari General Insurance Dividends and Buybacks
Dividend criteria checks 3/6
Askari General Insurance is a dividend paying company with a current yield of 16.08% that is well covered by earnings.
Key information
16.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨4.000 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AGIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AGIC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Askari General Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AGIC) | 16.1% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.4% |
| Industry Average (Insurance) | 8.2% |
| Analyst forecast (AGIC) (up to 3 years) | n/a |
Notable Dividend: AGIC's dividend (16.08%) is higher than the bottom 25% of dividend payers in the PK market (3.6%).
High Dividend: AGIC's dividend (16.08%) is in the top 25% of dividend payers in the PK market (11.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), AGIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AGIC is paying a dividend but the company has no free cash flows.