Al Khaleej Takaful Insurance Company Q.P.S.C Dividend
What is Al Khaleej Takaful Insurance Company Q.P.S.C current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.36%
Current Dividend Yield
Dividend Yield vs Market
| Al Khaleej Takaful Insurance Company Q.P.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AKHI) | 3.4% |
| Market Bottom 25% (QA) | 3.2% |
| Market Top 25% (QA) | 5.3% |
| Industry Average (Insurance) | 5.2% |
| Analyst forecast in 3 Years (AKHI) | n/a |
Notable Dividend: AKHI's dividend (3.36%) is higher than the bottom 25% of dividend payers in the QA market (3.24%).
High Dividend: AKHI's dividend (3.36%) is low compared to the top 25% of dividend payers in the QA market (5.3%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/25/2023 | 0.075 | 3.36 |
| 3/24/2022 | 0.075 | 2.48 |
| 4/2/2021 | 0.05 | 1.22 |
| 3/5/2020 | 0.05 | 2.57 |
| 3/4/2020 | 0.05 | 3.07 |
| 3/26/2019 | 0.05 | 2.77 |
| 2/28/2018 | 0.05 | 5.08 |
| 3/27/2017 | 0.06 | 4.09 |
| 2/16/2016 | 0.1 | 4.39 |
| 2/5/2015 | 0.13 | 3.56 |
| 10/23/2014 | - | 0 |
| 7/17/2014 | - | 0 |
| 4/15/2014 | - | 0 |
| 3/31/2014 | - | 0 |
| 2/20/2013 | 0.056 | 2.09 |
| 8/1/2012 | 0.17 | 6.63 |
| 2/20/2012 | 0.17 | 7.06 |
Stable Dividend: AKHI's dividend payments have been volatile in the past 10 years.
Growing Dividend: AKHI's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), AKHI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.7%), AKHI's dividend payments are covered by cash flows.