Tamkeen Insurance Dividends and Buybacks
Dividend criteria checks 2/6
Tamkeen Insurance is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -14.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0366 |
| Payout ratio | 23% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPIC has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Tamkeen Insurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPIC) | 1.9% |
| Market Bottom 25% (PS) | 2.8% |
| Market Top 25% (PS) | 6.1% |
| Industry Average (Insurance) | 2.7% |
| Analyst forecast (TPIC) (up to 3 years) | n/a |
Notable Dividend: TPIC's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the PS market (2.77%).
High Dividend: TPIC's dividend (1.88%) is low compared to the top 25% of dividend payers in the PS market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.5%), TPIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), TPIC's dividend payments are well covered by cash flows.