IT Consultants Dividends and Buybacks
Dividend criteria checks 2/6
IT Consultants is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 9th January, 2025 with an ex-dividend date of 17th November, 2024.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.4% |
| Next dividend pay date | 09 Jan 25 |
| Ex dividend date | 17 Nov 24 |
| Dividend per share | ৳1.100 |
| Payout ratio | 37% |
Recent dividend and buyback 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 7 years.
Dividend Yield vs Market
| IT Consultants Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ITC) | 2.9% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Diversified Financial) | 3.8% |
| Analyst forecast (ITC) (up to 3 years) | n/a |
Notable Dividend: ITC's dividend (2.9%) is higher than the bottom 25% of dividend payers in the BD market (1.05%).
High Dividend: ITC's dividend (2.9%) is low compared to the top 25% of dividend payers in the BD market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), ITC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (470.2%), ITC's dividend payments are not well covered by cash flows.