Erie Indemnity Dividends and Buybacks
Dividend criteria checks 4/6
Erie Indemnity is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €5.100 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EI2's dividends per share have been stable in the past 10 years.
Growing Dividend: EI2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Erie Indemnity Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EI2) | 1.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Insurance) | 3.9% |
| Analyst forecast (EI2) (up to 3 years) | 1.2% |
Notable Dividend: EI2's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: EI2's dividend (1.19%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.1%), EI2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57%), EI2's dividend payments are covered by cash flows.