iShares Core Canadian Short Term Bond Index ETF Dividend
Dividend criteria checks 3/6
iShares Core Canadian Short Term Bond Index ETF is a dividend paying company with a current yield of 2.76% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
2.8%
Dividend yield
58%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | CA$1.42 |
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: XSB's dividends per share have been stable in the past 10 years.
Growing Dividend: XSB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
iShares Core Canadian Short Term Bond Index ETF Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (XSB) | 2.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.3% |
Industry Average (Capital Markets) | 1.8% |
Analyst forecast in 3 Years (XSB) | n/a |
Notable Dividend: XSB's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: XSB's dividend (2.76%) is low compared to the top 25% of dividend payers in the Canadian market (6.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), XSB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.5%), XSB's dividend payments are not well covered by cash flows.