IDEX is a dividend paying company with a current yield of 1.29% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 10th October, 2024.
Key information
1.3%
Dividend yield
35%
Payout ratio
Industry average yield
4.1%
Next dividend pay date
31 Oct 24
Ex dividend date
10 Oct 24
Dividend per share
R$15.414
Earnings per share
R$7.67
Dividend yield forecast
1.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: I1EX34's dividends per share have been stable in the past 10 years.
Growing Dividend: I1EX34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
IDEX Dividend Yield vs Market
How does I1EX34 dividend yield compare to the market?
Segment
Dividend Yield
Company (I1EX34)
1.3%
Market Bottom 25% (BR)
2.6%
Market Top 25% (BR)
9.1%
Industry Average (Machinery)
4.1%
Analyst forecast (I1EX34) (up to 3 years)
1.4%
Notable Dividend: I1EX34's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.6%).
High Dividend: I1EX34's dividend (1.29%) is low compared to the top 25% of dividend payers in the BR market (9.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), I1EX34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), I1EX34's dividend payments are well covered by cash flows.