Hanoi Reinsurance JSC Dividends and Buybacks
Dividend criteria checks 3/6
Hanoi Reinsurance JSC is a dividend paying company with a current yield of 8.94% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
8.9%
Dividend yield
-3.1%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.0% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | ₫1.600k |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRE's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Hanoi Reinsurance JSC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRE) | 8.9% |
| Market Bottom 25% (VN) | 3.4% |
| Market Top 25% (VN) | 8.3% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast (PRE) (up to 3 years) | n/a |
Notable Dividend: PRE's dividend (8.94%) is higher than the bottom 25% of dividend payers in the VN market (3.44%).
High Dividend: PRE's dividend (8.94%) is in the top 25% of dividend payers in the VN market (8.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.4%), PRE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PRE's cash payout ratio to determine if its dividend payments are covered by cash flows.