Al-Takaful Palestinian Insurance Company

PLSE:TIC Stock Report

Market Cap: US$33.0m

Al-Takaful Palestinian Insurance Dividend

Dividend criteria checks 2/6

Al-Takaful Palestinian Insurance is a dividend paying company with a current yield of 5%.

Key information

5.0%

Dividend yield

111%

Payout ratio

Industry average yield2.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.150
Earnings per shareUS$0.14
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TIC's dividend payments have been volatile in the past 10 years.

Growing Dividend: TIC's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Al-Takaful Palestinian Insurance Dividend Yield vs Market
How does TIC dividend yield compare to the market?
SegmentDividend Yield
Company (TIC)5.0%
Market Bottom 25% (PS)2.7%
Market Top 25% (PS)6.4%
Industry Average (Insurance)2.5%
Analyst forecast in 3 Years (TIC)n/a

Notable Dividend: TIC's dividend (5%) is higher than the bottom 25% of dividend payers in the PS market (2.74%).

High Dividend: TIC's dividend (5%) is low compared to the top 25% of dividend payers in the PS market (6.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (111.4%), TIC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (5844.6%), TIC's dividend payments are not well covered by cash flows.


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