Grupo Financiero Banorte. de Dividend
Dividend criteria checks 4/6
Grupo Financiero Banorte. de is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
28%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €18.70 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4FN's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4FN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grupo Financiero Banorte. de Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4FN) | 3.0% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (4FN) | 7.3% |
Notable Dividend: 4FN's dividend (3%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 4FN's dividend (3%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 4FN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 4FN's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).