Bendigo and Adelaide Bank Dividends and Buybacks
Dividend criteria checks 4/6
Bendigo and Adelaide Bank is a dividend paying company with a current yield of 4.71% that is well covered by earnings.
Key information
4.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.630 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bendigo and Adelaide Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BEN) | 4.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Banks) | 3.9% |
| Analyst forecast (BEN) (up to 3 years) | 5.0% |
Notable Dividend: BEN's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: BEN's dividend (4.71%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.4%), BEN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BEN's dividends in 3 years are forecast to be covered by earnings (72.9% payout ratio).