Société Tunisienne de Réassurance Dividend
Dividend criteria checks 3/6
Société Tunisienne de Réassurance is a dividend paying company with a current yield of 6.47% that is well covered by earnings.
Key information
6.5%
Dividend yield
46%
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.ت0.87 |
Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Société Tunisienne de Réassurance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRE) | 6.5% |
Market Bottom 25% (TN) | 4.9% |
Market Top 25% (TN) | 7.7% |
Industry Average (Insurance) | 4.4% |
Analyst forecast in 3 Years (TRE) | 6.2% |
Notable Dividend: TRE's dividend (6.47%) is higher than the bottom 25% of dividend payers in the TN market (4.85%).
High Dividend: TRE's dividend (6.47%) 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 (46%), TRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TRE's cash payout ratio to determine if its dividend payments are covered by cash flows.