Indel B is a dividend paying company with a current yield of 3.54% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
3.5%
Dividend yield
43%
Payout ratio
Industry average yield
4.4%
Next dividend pay date
05 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
€1.85
Dividend yield forecast in 3Y
3.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2I6 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2I6's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Indel B Dividend Yield vs Market
How does 2I6 dividend yield compare to the market?
Segment
Dividend Yield
Company (2I6)
3.5%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Consumer Durables)
4.4%
Analyst forecast in 3 Years (2I6)
3.5%
Notable Dividend: 2I6's dividend (3.54%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 2I6's dividend (3.54%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), 2I6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), 2I6's dividend payments are well covered by cash flows.