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Insurance Australia Group (ASX:IAG) Dividend Yield %

: 2.95% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Insurance Australia Group is 2.95%.

The historical rank and industry rank for Insurance Australia Group's Dividend Yield % or its related term are showing as below:

ASX:IAG' s Dividend Yield % Range Over the Past 10 Years
Min: 1.29   Med: 4.25   Max: 8.11
Current: 2.95

During the past 13 years, the highest Dividend Yield of Insurance Australia Group was 8.11%. The lowest was 1.29%. And the median was 4.25%.

ASX:IAG's Dividend Yield % is ranked worse than
57.71% of 402 companies
in the Insurance industry
Industry Median: 3.525 vs ASX:IAG: 2.95

Insurance Australia Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.56.

During the past 13 years, the highest Dividend Payout Ratio of Insurance Australia Group was 2.48. The lowest was 0.07. And the median was 0.77.

As of today (2024-04-19), the Forward Dividend Yield % of Insurance Australia Group is 3.11%.

Insurance Australia Group's Dividends per Share for the six months ended in Dec. 2023 was A$0.09.

During the past 12 months, Insurance Australia Group's average Dividends Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -28.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -22.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Insurance Australia Group was 56.60% per year. The lowest was -41.40% per year. And the median was 3.55% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Insurance Australia Group Dividend Yield % Historical Data

The historical data trend for Insurance Australia Group's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Insurance Australia Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.93 5.20 1.36 4.36 1.93

Insurance Australia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.69 4.36 2.33 1.93 2.65

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Insurance Australia Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Insurance Australia Group Dividend Yield % Distribution

For the Insurance industry and Financial Services sector, Insurance Australia Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Insurance Australia Group's Dividend Yield % falls into.



Insurance Australia Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Insurance Australia Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.1002024-02-212024-02-222024-03-27Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0902023-08-292023-08-302023-09-28Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Insurance Australia Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.19/6.35
=2.99 %

Current Share Price is A$6.35.
Insurance Australia Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.19.

Insurance Australia Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/6.35
=3.15 %

Current Share Price is A$6.35.
Insurance Australia Group's Dividends per Share for the forward twelve months is calculated as A$0.1 * 2 = A$0.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Insurance Australia Group  (ASX:IAG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Insurance Australia Group Dividend Yield % Related Terms

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Insurance Australia Group (ASX:IAG) Business Description

Address
Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.