Inner East Community Finance Dividends and Buybacks
Dividend criteria checks 3/6
Inner East Community Finance is a dividend paying company with a current yield of 8.57% that is well covered by earnings.
Key information
8.6%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 10.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.120 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IEC has been paying a dividend for less than 10 years.
Growing Dividend: IEC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Inner East Community Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IEC) | 8.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Banks) | 4.0% |
| Analyst forecast (IEC) (up to 3 years) | n/a |
Notable Dividend: IEC's dividend (8.57%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: IEC's dividend (8.57%) is in the top 25% of dividend payers in the Australian market (6.01%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), IEC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.