Poste Italiane is a dividend paying company with a current yield of 6.78% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 24th June, 2024.
Key information
6.8%
Dividend yield
54%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
26 Jun 24
Ex dividend date
24 Jun 24
Dividend per share
n/a
Earnings per share
€1.48
Dividend yield forecast in 3Y
9.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7PI has been paying a dividend for less than 10 years.
Growing Dividend: 7PI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Poste Italiane Dividend Yield vs Market
How does 7PI dividend yield compare to the market?
Segment
Dividend Yield
Company (7PI)
6.8%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Insurance)
4.3%
Analyst forecast in 3 Years (7PI)
9.0%
Notable Dividend: 7PI's dividend (6.78%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 7PI's dividend (6.78%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), 7PI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (182.5%), 7PI's dividend payments are not well covered by cash flows.