Assurances Maghrebia Dividends and Buybacks
Dividend criteria checks 2/6
Assurances Maghrebia is a dividend paying company with a current yield of 6.26% that is well covered by earnings.
Key information
6.3%
Dividend yield
-6.8%
Buyback Yield
| Total Shareholder Yield | -0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ت3.100 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ASSMA has been paying a dividend for less than 10 years.
Growing Dividend: ASSMA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Assurances Maghrebia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASSMA) | 6.3% |
| Market Bottom 25% (TN) | 4.2% |
| Market Top 25% (TN) | 7.7% |
| Industry Average (Insurance) | 4.6% |
| Analyst forecast (ASSMA) (up to 3 years) | n/a |
Notable Dividend: ASSMA's dividend (6.26%) is higher than the bottom 25% of dividend payers in the TN market (4.23%).
High Dividend: ASSMA's dividend (6.26%) is low compared to the top 25% of dividend payers in the TN market (7.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), ASSMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111%), ASSMA's dividend payments are not well covered by cash flows.