QLM Life & Medical Insurance Company Q.P.S.C Dividend
Dividend criteria checks 2/6
QLM Life & Medical Insurance Company Q.P.S.C is a dividend paying company with a current yield of 5.95% that is well covered by earnings.
Key information
6.0%
Dividend yield
57%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ر.ق0.22 |
| Dividend yield forecast in 3Y | 6.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: QLMI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: QLMI has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| QLM Life & Medical Insurance Company Q.P.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QLMI) | 6.0% |
| Market Bottom 25% (QA) | 4.2% |
| Market Top 25% (QA) | 6.1% |
| Industry Average (Insurance) | 5.1% |
| Analyst forecast in 3 Years (QLMI) | 6.0% |
Notable Dividend: QLMI's dividend (5.95%) is higher than the bottom 25% of dividend payers in the QA market (4.22%).
High Dividend: QLMI's dividend (5.95%) is low compared to the top 25% of dividend payers in the QA market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.4%), QLMI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.9%), QLMI's dividend payments are not well covered by cash flows.