Reliance Insurance Dividend
Dividend criteria checks 3/6
Reliance Insurance is a dividend paying company with a current yield of 11.09% that is well covered by earnings.
Key information
11.1%
Dividend yield
26%
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₨3.84 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RICL's dividend payments have been volatile in the past 10 years.
Growing Dividend: RICL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Reliance Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RICL) | 11.1% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Insurance) | 10.3% |
Analyst forecast in 3 Years (RICL) | n/a |
Notable Dividend: RICL's dividend (11.09%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: RICL's dividend (11.09%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), RICL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RICL is paying a dividend but the company has no free cash flows.