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Al-Takaful Palestinian Insurance (XPAE:TIC) Dividend Yield % : 4.76% (As of Apr. 29, 2024)


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What is Al-Takaful Palestinian Insurance Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of Al-Takaful Palestinian Insurance is 4.76%.

Warning Sign:

Al-Takaful Palestinian Insurance stock dividend yield is close to 3-year low.

The historical rank and industry rank for Al-Takaful Palestinian Insurance's Dividend Yield % or its related term are showing as below:

XPAE:TIC' s Dividend Yield % Range Over the Past 10 Years
Min: 4.75   Med: 5.75   Max: 11.51
Current: 4.76

During the past 13 years, the highest Dividend Yield of Al-Takaful Palestinian Insurance was 11.51%. The lowest was 4.75%. And the median was 5.75%.

XPAE:TIC's Dividend Yield % is ranked better than
69.98% of 403 companies
in the Insurance industry
Industry Median: 3.5 vs XPAE:TIC: 4.76

Al-Takaful Palestinian Insurance's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Al-Takaful Palestinian Insurance is 0.74, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Al-Takaful Palestinian Insurance was 1.03. The lowest was 0.68. And the median was 0.75.

As of today (2024-04-29), the Forward Dividend Yield % of Al-Takaful Palestinian Insurance is 4.76%.

Al-Takaful Palestinian Insurance's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Al-Takaful Palestinian Insurance's average Dividends Per Share Growth Rate was 10.30% per year.

The growth rate is calculated with least square regression.

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


Al-Takaful Palestinian Insurance Dividend Yield % Historical Data

The historical data trend for Al-Takaful Palestinian Insurance'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.

Al-Takaful Palestinian Insurance Dividend Yield % Chart

Al-Takaful Palestinian Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.77 5.58 5.26

Al-Takaful Palestinian Insurance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial 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 5.58 4.76 4.92 5.00 5.26

Competitive Comparison of Al-Takaful Palestinian Insurance's Dividend Yield %

For the Insurance - Diversified subindustry, Al-Takaful Palestinian Insurance'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.


Al-Takaful Palestinian Insurance's Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al-Takaful Palestinian Insurance's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Al-Takaful Palestinian Insurance's Dividend Yield % falls into.



Al-Takaful Palestinian Insurance Dividend Yield % Calculation

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

Al-Takaful Palestinian Insurance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-04-032024-04-042024-04-21Cash DividendannuallyUSD:USD 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.

Al-Takaful Palestinian Insurance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/3.15
=4.76 %

Current Share Price is $3.15.
Al-Takaful Palestinian Insurance's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.15.

Al-Takaful Palestinian Insurance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/3.15
=4.76 %

Current Share Price is $3.15.
Al-Takaful Palestinian Insurance's Dividends per Share for the forward twelve months is calculated as $0.15 * 1 = $0.15.

* 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.


Al-Takaful Palestinian Insurance  (XPAE:TIC) 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.


Al-Takaful Palestinian Insurance Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Al-Takaful Palestinian Insurance's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Takaful Palestinian Insurance (XPAE:TIC) Business Description

Traded in Other Exchanges
N/A
Address
Abraj House, 2nd floor, Box: 1444, Ein Munjed, Ramallah, PSE
Al-Takaful Palestinian Insurance is a Palestine-based company that is engaged in providing multiple insurance programs and services that is compliant with Shariah. The company provides Medical insurance, which provides insurance for general and physician doctors, pharmacies, laboratories, and X-rays; Motor insurance, which provides insurance for theft, collision, and fire; Family insurance, which provides insurance for natural death, accidental death, and other; and General insurance. The company sells its insurance via branches, offices, and authorized dealers.

Al-Takaful Palestinian Insurance (XPAE:TIC) Headlines

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