Grupo Financiero Banorte. de Dividend
Dividend criteria checks 4/6
Grupo Financiero Banorte. de is a dividend paying company with a current yield of 2.97% that is well covered by earnings.
Key information
3.0%
Dividend yield
28%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €18.70 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XNOR's dividend payments have been volatile in the past 10 years.
Growing Dividend: XNOR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grupo Financiero Banorte. de Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (XNOR) | 3.0% |
Market Bottom 25% (ES) | 2.3% |
Market Top 25% (ES) | 5.9% |
Industry Average (Banks) | 5.0% |
Analyst forecast in 3 Years (XNOR) | 7.3% |
Notable Dividend: XNOR's dividend (2.97%) is higher than the bottom 25% of dividend payers in the Spanish market (2.26%).
High Dividend: XNOR's dividend (2.97%) is low compared to the top 25% of dividend payers in the Spanish market (5.89%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), XNOR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: XNOR's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).