Vietnam National Reinsurance Dividend
Dividend criteria checks 3/6
Vietnam National Reinsurance is a dividend paying company with a current yield of 4.05% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 11th September, 2024.
Key information
4.0%
Dividend yield
42%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | ₫1.000k |
| Earnings per share | ₫2.42k |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VNR's dividend payments have been volatile in the past 10 years.
Growing Dividend: VNR's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Vietnam National Reinsurance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VNR) | 4.0% |
| Market Bottom 25% (VN) | 3.2% |
| Market Top 25% (VN) | 8.3% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast (VNR) (up to 3 years) | n/a |
Notable Dividend: VNR's dividend (4.05%) is higher than the bottom 25% of dividend payers in the VN market (3.18%).
High Dividend: VNR's dividend (4.05%) is low compared to the top 25% of dividend payers in the VN market (8.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), VNR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.8%), VNR's dividend payments are covered by cash flows.