Askari General Insurance Dividend
Dividend criteria checks 4/6
Askari General Insurance is a dividend paying company with a current yield of 18.26% that is well covered by earnings.
Key information
18.3%
Dividend yield
49%
Payout ratio
Industry average yield | 10.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨6.66 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 8 years.
Dividend Yield vs Market
Askari General Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AGIC) | 18.3% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 12.7% |
Industry Average (Insurance) | 10.3% |
Analyst forecast in 3 Years (AGIC) | n/a |
Notable Dividend: AGIC's dividend (18.26%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: AGIC's dividend (18.26%) is in the top 25% of dividend payers in the PK market (12.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), AGIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83%), AGIC's dividend payments are covered by cash flows.