Bank of N.T. Butterfield & Son Dividend
Dividend criteria checks 2/6
Bank of N.T. Butterfield & Son is a dividend paying company with a current yield of 5.17% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.2%
Dividend yield
39%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | BD$4.69 |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NTB.BH has been paying a dividend for less than 10 years.
Growing Dividend: NTB.BH's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Bank of N.T. Butterfield & Son Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NTB.BH) | 5.2% |
| Market Bottom 25% (BM) | 3.8% |
| Market Top 25% (BM) | 8.3% |
| Industry Average (Banks) | 3.4% |
| Analyst forecast in 3 Years (NTB.BH) | 5.2% |
Notable Dividend: NTB.BH's dividend (5.17%) is higher than the bottom 25% of dividend payers in the BM market (3.81%).
High Dividend: NTB.BH's dividend (5.17%) is low compared to the top 25% of dividend payers in the BM market (8.33%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), NTB.BH's dividend payments are well 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.