Banca Monte dei Paschi di Siena is a dividend paying company with a current yield of 5.23% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
5.2%
Dividend yield
15%
Payout ratio
Industry average yield
6.2%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€1.63
Dividend yield forecast in 3Y
9.0%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BMPSM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BMPSM's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Banca Monte dei Paschi di Siena Dividend Yield vs Market
How does BMPSM dividend yield compare to the market?
Segment
Dividend Yield
Company (BMPSM)
5.2%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.9%
Industry Average (Banks)
6.2%
Analyst forecast in 3 Years (BMPSM)
9.0%
Notable Dividend: BMPSM's dividend (5.23%) is higher than the bottom 25% of dividend payers in the UK market (2.13%).
High Dividend: BMPSM's dividend (5.23%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.3%), BMPSM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMPSM's dividends in 3 years are forecast to be covered by earnings (65.1% payout ratio).