Grupo Financiero Banorte. de Dividends and Buybacks
Dividend criteria checks 4/6
Grupo Financiero Banorte. de is a dividend paying company with a current yield of 3.71% that is well covered by earnings.
Key information
3.7%
Dividend yield
2.7%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 8.7% |
| Dividend Growth | 9.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €5.202 |
| Payout ratio | 27% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4FN) | 3.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (4FN) (up to 3 years) | 8.7% |
Notable Dividend: 4FN's dividend (3.71%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 4FN's dividend (3.71%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), 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 (56.1% payout ratio).