IGO Dividend

Dividend criteria checks 4/6

IGO is a dividend paying company with a current yield of 7.97%.

Key information

8.0%

Dividend yield

185%

Payout ratio

Industry average yield5.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.30
Dividend yield forecast in 3Y2.6%

Recent dividend updates

IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Jan 30
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Is IGO (ASX:IGO) A Risky Investment?

Nov 10
Is IGO (ASX:IGO) A Risky Investment?

Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

Oct 10
Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

Jun 17
Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

Jun 02
An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Apr 18
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

Dec 04
Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Nov 06
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Oct 08
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price

Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Sep 04
Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors

Calculating The Fair Value Of IGO Limited (ASX:IGO)

Jul 07
Calculating The Fair Value Of IGO Limited (ASX:IGO)

Here's Why I Think IGO (ASX:IGO) Might Deserve Your Attention Today

Jun 01
Here's Why I Think IGO (ASX:IGO) Might Deserve Your Attention Today

With EPS Growth And More, IGO (ASX:IGO) Is Interesting

Feb 15
With EPS Growth And More, IGO (ASX:IGO) Is Interesting

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 27% Above Its Share Price

Nov 21
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 27% Above Its Share Price

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: IGO's dividend payments have been volatile in the past 10 years.

Growing Dividend: IGO's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

IGO Dividend Yield vs Market
How does IGO dividend yield compare to the market?
SegmentDividend Yield
Company (IGO)8.0%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.2%
Industry Average (Metals and Mining)5.2%
Analyst forecast in 3 Years (IGO)2.6%

Notable Dividend: IGO's dividend (7.97%) is higher than the bottom 25% of dividend payers in the Australian market (2.66%).

High Dividend: IGO's dividend (7.97%) is in the top 25% of dividend payers in the Australian market (6.19%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (185%), IGO's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), IGO's dividend payments are well covered by cash flows.


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