Webster Financial Dividend
Dividend criteria checks 5/6
Webster Financial is a dividend paying company with a current yield of 3.57% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
3.6%
Dividend yield
33%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | 16 May 24 |
Ex dividend date | 03 May 24 |
Dividend per share | n/a |
Earnings per share | €4.86 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WED's dividends per share have been stable in the past 10 years.
Growing Dividend: WED's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Webster Financial Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (WED) | 3.6% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (WED) | 3.8% |
Notable Dividend: WED's dividend (3.57%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: WED's dividend (3.57%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), WED's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WED's dividends in 3 years are forecast to be well covered by earnings (25.8% payout ratio).