IT Consultants Dividend
Dividend criteria checks 2/6
IT Consultants is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
41%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳2.78 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ITC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ITC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
IT Consultants Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ITC) | 1.9% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Diversified Financial) | 3.7% |
Analyst forecast in 3 Years (ITC) | n/a |
Notable Dividend: ITC's dividend (1.92%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: ITC's dividend (1.92%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), ITC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ITC is paying a dividend but the company has no free cash flows.