National Insurance Company (Palestine) Dividend
Dividend criteria checks 1/6
National Insurance Company (Palestine) is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
75%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.0466 |
Earnings per share | US$0.062 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NIC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
National Insurance Company (Palestine) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NIC) | 1.5% |
Market Bottom 25% (PS) | 2.7% |
Market Top 25% (PS) | 6.5% |
Industry Average (Insurance) | 2.5% |
Analyst forecast in 3 Years (NIC) | n/a |
Notable Dividend: NIC's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the PS market (2.74%).
High Dividend: NIC's dividend (1.5%) is low compared to the top 25% of dividend payers in the PS market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), NIC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (193.8%), NIC's dividend payments are not well covered by cash flows.