First United Dividend
Dividend criteria checks 2/6
First United is a dividend paying company with a current yield of 2.69% that is well covered by earnings. Next payment date is on 1st November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
3.0%
Dividend yield
36%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 01 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | €0.880 |
| Earnings per share | €2.30 |
| Dividend yield forecast | 3.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FU3 has been paying a dividend for less than 10 years.
Growing Dividend: FU3's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| First United Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FU3) | 3.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (FU3) (up to 3 years) | 3.4% |
Notable Dividend: FU3's dividend (2.69%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: FU3's dividend (2.69%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), FU3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.