iShares S&P/TSX Global Gold Index ETF Dividend
Dividend criteria checks 1/6
iShares S&P/TSX Global Gold Index ETF is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
34%
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$0.70 |
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: XGD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: XGD's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
iShares S&P/TSX Global Gold Index ETF Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (XGD) | 1.3% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (XGD) | n/a |
Notable Dividend: XGD's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: XGD's dividend (1.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), XGD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.2%), XGD's dividend payments are not well covered by cash flows.