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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) 3-Year Dividend Growth Rate : 18.60% (As of Mar. 2024)


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What is Kuwait Reinsurance Co KSC 3-Year Dividend Growth Rate?

Kuwait Reinsurance Co KSC's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

The historical rank and industry rank for Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate or its related term are showing as below:

KUW:KUWAITRE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.7   Med: 10.1   Max: 18.6
Current: 18.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kuwait Reinsurance Co KSC was 18.60% per year. The lowest was -15.70% per year. And the median was 10.10% per year.

KUW:KUWAITRE's 3-Year Dividend Growth Rate is ranked better than
82.45% of 245 companies
in the Insurance industry
Industry Median: 6.3 vs KUW:KUWAITRE: 18.60

During the past 12 months, Kuwait Reinsurance Co KSC's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kuwait Reinsurance Co KSC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Kuwait Reinsurance Co KSC's Dividend Yield % is 2.00%.

Good Sign:

Kuwait Reinsurance Co KSC stock dividend yield is close to 3-year high.

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


Competitive Comparison of Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate

For the Insurance - Reinsurance subindustry, Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kuwait Reinsurance Co KSC's 3-Year Dividend Growth Rate falls into.



Kuwait Reinsurance Co KSC 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kuwait Reinsurance Co KSC  (KUW:KUWAITRE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kuwait Reinsurance Co KSC's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.013
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Kuwait Reinsurance Co KSC was 0.71. The lowest was 0.12. And the median was 0.17.

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

Kuwait Reinsurance Co KSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KWD 0.0070002024-05-072024-05-092024-05-14Cash DividendannuallyKWD:KWD 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.

Kuwait Reinsurance Co KSC's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.007/0.35
=2.00 %

Current Share Price is KWD0.35.
Kuwait Reinsurance Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.007.

During the past 13 years, the highest Dividend Yield of Kuwait Reinsurance Co KSC was 6.86%. The lowest was 0.93%. And the median was 2.25%.

Good Sign:

Kuwait Reinsurance Co KSC stock dividend yield is close to 3-year high.

* 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.


Kuwait Reinsurance Co KSC 3-Year Dividend Growth Rate Related Terms>


Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT
Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

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