IFIC Bank Dividend
Dividend criteria checks 2/6
IFIC Bank is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
15%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.66 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether IFIC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if IFIC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
IFIC Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IFIC) | 2.5% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.2% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (IFIC) | n/a |
Notable Dividend: IFIC's dividend (2.49%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: IFIC's dividend (2.49%) is low compared to the top 25% of dividend payers in the BD market (4.18%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), IFIC's dividend payments are thoroughly 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.