Adamjee Life Assurance Dividends and Buybacks
Dividend criteria checks 2/6
Adamjee Life Assurance is a dividend paying company with a current yield of 6.48% that is well covered by earnings.
Key information
6.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -33.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨2.000 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ALIFE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ALIFE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Adamjee Life Assurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALIFE) | 6.5% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.6% |
| Industry Average (Insurance) | 8.3% |
| Analyst forecast (ALIFE) (up to 3 years) | n/a |
Notable Dividend: ALIFE's dividend (6.48%) is higher than the bottom 25% of dividend payers in the PK market (3.56%).
High Dividend: ALIFE's dividend (6.48%) is low compared to the top 25% of dividend payers in the PK market (10.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), ALIFE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALIFE is paying a dividend but the company has no free cash flows.