Shaheen Insurance Dividends and Buybacks
Dividend criteria checks 3/6
Shaheen Insurance is a dividend paying company with a current yield of 4.15% that is well covered by earnings.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨0.233 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHNI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHNI has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
| Shaheen Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHNI) | 4.2% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.3% |
| Industry Average (Insurance) | 8.3% |
| Analyst forecast (SHNI) (up to 3 years) | n/a |
Notable Dividend: SHNI's dividend (4.15%) is higher than the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: SHNI's dividend (4.15%) is low compared to the top 25% of dividend payers in the PK market (11.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.1%), SHNI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.7%), SHNI's dividend payments are covered by cash flows.