iShares Core Canadian Universe Bond Index ETF Dividend
Dividend criteria checks 3/6
iShares Core Canadian Universe Bond Index ETF is a dividend paying company with a current yield of 3.19% that is well covered by earnings.
Key information
3.2%
Dividend yield
39%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$1.65 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XBB's dividends per share have been stable in the past 10 years.
Growing Dividend: XBB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
iShares Core Canadian Universe Bond Index ETF Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (XBB) | 3.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (XBB) | n/a |
Notable Dividend: XBB's dividend (3.19%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: XBB's dividend (3.19%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), XBB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (331.7%), XBB's dividend payments are not well covered by cash flows.