Shaheen Insurance Dividend
Dividend criteria checks 3/6
Shaheen Insurance is a dividend paying company with a current yield of 5.54% that is well covered by earnings.
Key information
5.5%
Dividend yield
13%
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₨1.80 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 5 years, and since then payments have not increased.
Dividend Yield vs Market
Shaheen Insurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SHNI) | 5.5% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 12.5% |
Industry Average (Insurance) | 10.2% |
Analyst forecast in 3 Years (SHNI) | n/a |
Notable Dividend: SHNI's dividend (5.54%) is higher than the bottom 25% of dividend payers in the PK market (3.95%).
High Dividend: SHNI's dividend (5.54%) is low compared to the top 25% of dividend payers in the PK market (12.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.9%), SHNI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.9%), SHNI's dividend payments are well covered by cash flows.