Tamkeen Insurance Dividend
Dividend criteria checks 2/6
Tamkeen Insurance is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
23%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.0366 |
Earnings per share | US$0.076 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 2 years, and since then payments have fallen.
Dividend Yield vs Market
Tamkeen Insurance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TPIC) | 1.8% |
Market Bottom 25% (PS) | 2.7% |
Market Top 25% (PS) | 6.4% |
Industry Average (Insurance) | 2.5% |
Analyst forecast in 3 Years (TPIC) | n/a |
Notable Dividend: TPIC's dividend (1.83%) isn’t notable compared to the bottom 25% of dividend payers in the PS market (2.74%).
High Dividend: TPIC's dividend (1.83%) is low compared to the top 25% of dividend payers in the PS market (6.35%).
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 reasonable cash payout ratio (52.9%), TPIC's dividend payments are covered by cash flows.