Société Tunisienne d'Assurances et de Réassurances Dividend
Dividend criteria checks 1/6
Société Tunisienne d'Assurances et de Réassurances is a dividend paying company with a current yield of 4.07% that is well covered by earnings.
Key information
4.1%
Dividend yield
42%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ت14.67 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, STAR has been paying a dividend for less than 10 years.
Growing Dividend: STAR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Société Tunisienne d'Assurances et de Réassurances Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (STAR) | 4.1% |
Market Bottom 25% (TN) | 4.7% |
Market Top 25% (TN) | 7.7% |
Industry Average (Insurance) | 4.4% |
Analyst forecast in 3 Years (STAR) | 4.9% |
Notable Dividend: STAR's dividend (4.07%) isn’t notable compared to the bottom 25% of dividend payers in the TN market (4.85%).
High Dividend: STAR's dividend (4.07%) 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%), STAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate STAR's cash payout ratio to determine if its dividend payments are covered by cash flows.