03-31-2023
AUD/share | |
Price | 4.69 |
Dividend | 0.11 |
Earnings | 0.15 |
Cash-flow | 0.36 |
Book value | 2.47 |
Equity | 2.50 |
Insurance Aust Grp is part of Nonlife Insurance business, which is part of Financials industry. Insurance Aust Grp is a company from Australia, and his stocks are publicly traded.
Insurance Aust Grp stock dividend
Insurance Aust Grp paid a total dividend of 271 million AUD last year, for a market value of 11,561 millions (Market Cap 11,554 millions). Insurance Aust Grp dividend per share is 0.11 AUD, and his stock market price 4.69 AUD.
According to the chart below, where dividend yield is displayed, Insurance Aust Grp has a dividend yield of 2.35%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Insurance Aust Grp stocks dividend with other Nonlife Insurance companies or other of the best Australia dividend stocks list.
Insurance Aust Grp Dividend Payout
About the ability of Insurance Aust Grp to maintain his current dividend of AUD 0.11 per share, an amount that accounts for 2.35%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Insurance Aust Grp payout on ernings is currently 73.33%, which is higher than the market average, and companies of Financials industry, which are 38.61% and 48.64% respectively. Both figures show that Insurance Aust Grp can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Insurance Aust Grp is AUD 0.36 per share, which is higher than the dividend per share paid by the company of AUD 0.11, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Insurance Aust Grp, compared againt world market average, Australia companies, Financials industry and Nonlife Insurance sector companies.
Insurance Aust Grp Dividend History
Below you will find a table with the historical evolution of Insurance Aust Grp's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 2.35% | 0.11 | 73.33% | 2,465 |
2022 | 2.32% | 0.11 | 73.33% | 2,465 |
2021 | 4.69% | 0.20 | -166.67% | 2,465 |
2020 | 6.38% | 0.30 | 150.00% | 2,440 |
2019 | 4.18% | 0.32 | 76.19% | 2,311 |
2018 | 4.98% | 0.35 | 71.43% | 2,311 |
2017 | 4.56% | 0.33 | 75.00% | 2,368 |
2016 | 4.65% | 0.26 | 66.67% | 2,431 |
2015 | 5.23% | 0.29 | 80.56% | 2,431 |
*In millions
Then you can see the evolution of Insurance Aust Grp dividend stock, and compare it with the average of Australia stocks and that of the Nonlife Insurance stocks.
Insurance Aust Grp Stock performance
Finally, last moth Insurance Aust Grp showed a return of 0.90% compared to a worldwide -0.50% average, and a -5.25% of Financials firms. Over the last year, the company obtained a 7.10% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for Australia and Nonlife Insurance firms.