Iridium Communications Dividend
Dividend criteria checks 2/6
Iridium Communications is a dividend paying company with a current yield of 1.66%.
Key information
1.7%
Dividend yield
256%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.21 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6IC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6IC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Iridium Communications Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6IC) | 1.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Telecom) | 3.2% |
Analyst forecast in 3 Years (6IC) | 2.0% |
Notable Dividend: 6IC's dividend (1.66%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 6IC's dividend (1.66%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (256.2%), 6IC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25%), 6IC's dividend payments are well covered by cash flows.