Italgas Dividend
Dividend criteria checks 3/6
Italgas is a dividend paying company with a current yield of 7.02% that is well covered by earnings.
Key information
7.0%
Dividend yield
65%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.56 |
Dividend yield forecast in 3Y | 8.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IG has been paying a dividend for less than 10 years.
Growing Dividend: IG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Italgas Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IG) | 7.0% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.7% |
Industry Average (Gas Utilities) | 6.4% |
Analyst forecast in 3 Years (IG) | 8.5% |
Notable Dividend: IG's dividend (7.02%) is higher than the bottom 25% of dividend payers in the Austrian market (1.9%).
High Dividend: IG's dividend (7.02%) is in the top 25% of dividend payers in the Austrian market (5.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.9%), IG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IG is paying a dividend but the company has no free cash flows.