IGO Dividend
Dividend criteria checks 4/6
IGO is a dividend paying company with a current yield of 6.67%. Next payment date is on 26th September, 2024 with an ex-dividend date of 11th September, 2024.
Key information
6.7%
Dividend yield
10,008%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 26 Sep 24 |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | AU$0.370 |
| Earnings per share | AU$0.0037 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next
Aug 30
The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts
Aug 02IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price
Jan 30Is IGO (ASX:IGO) A Risky Investment?
Nov 10Is IGO Limited (ASX:IGO) Trading At A 36% Discount?
Oct 10IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Do IGO's (ASX:IGO) Earnings Warrant Your Attention?
Jun 17An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued
Jun 02IGO (ASX:IGO) Has A Rock Solid Balance Sheet
Apr 18Here's Why We Think IGO (ASX:IGO) Might Deserve Your Attention Today
Dec 04IGO (ASX:IGO) Has A Rock Solid Balance Sheet
Nov 06IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 53% Above Its Share Price
Oct 08Here's Why IGO (ASX:IGO) Has Caught The Eye Of Investors
Sep 04Calculating The Fair Value Of IGO Limited (ASX:IGO)
Jul 07Here's Why I Think IGO (ASX:IGO) Might Deserve Your Attention Today
Jun 01Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGO) | 6.7% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Metals and Mining) | 5.6% |
| Analyst forecast in 3 Years (IGO) | 2.9% |
Notable Dividend: IGO's dividend (6.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.71%).
High Dividend: IGO's dividend (6.67%) is in the top 25% of dividend payers in the Australian market (6.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (10008.1%), IGO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), IGO's dividend payments are well covered by cash flows.