Adamjee Life Assurance Dividend
Dividend criteria checks 2/6
Adamjee Life Assurance is a dividend paying company with a current yield of 7.02% that is well covered by earnings.
Key information
7.0%
Dividend yield
55%
Payout ratio
Industry average yield | 10.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨3.63 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (ALIFE) | 7.0% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.4% |
Industry Average (Insurance) | 10.2% |
Analyst forecast in 3 Years (ALIFE) | n/a |
Notable Dividend: ALIFE's dividend (7.02%) is higher than the bottom 25% of dividend payers in the PK market (4.06%).
High Dividend: ALIFE's dividend (7.02%) is low compared to the top 25% of dividend payers in the PK market (12.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), ALIFE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALIFE is paying a dividend but the company has no free cash flows.