Damaan Islamic Insurance Company Beema (Q.P.S.C.) Dividend
Dividend criteria checks 3/6
Damaan Islamic Insurance Company Beema (Q.P.S.C.) is a dividend paying company with a current yield of 4.51% that is well covered by earnings.
Key information
4.5%
Dividend yield
37%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ق0.180 |
| Earnings per share | ر.ق0.49 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BEMA has been paying a dividend for less than 10 years.
Growing Dividend: BEMA's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Damaan Islamic Insurance Company Beema (Q.P.S.C.) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BEMA) | 4.5% |
| Market Bottom 25% (QA) | 4.0% |
| Market Top 25% (QA) | 5.5% |
| Industry Average (Insurance) | 5.0% |
| Analyst forecast (BEMA) (up to 3 years) | n/a |
Notable Dividend: BEMA's dividend (4.51%) is higher than the bottom 25% of dividend payers in the QA market (3.97%).
High Dividend: BEMA's dividend (4.51%) is low compared to the top 25% of dividend payers in the QA market (5.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), BEMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.1%), BEMA's dividend payments are well covered by cash flows.