Banca Sistema Dividend
Dividend criteria checks 3/6
Banca Sistema is a dividend paying company with a current yield of 4.68% that is well covered by earnings. Next payment date is on 2nd May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
4.7%
Dividend yield
31%
Payout ratio
Industry average yield | 6.3% |
Next dividend pay date | 02 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | €0.21 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0R9H has been paying a dividend for less than 10 years.
Growing Dividend: 0R9H's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Banca Sistema Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0R9H) | 4.7% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Banks) | 6.3% |
Analyst forecast in 3 Years (0R9H) | 5.1% |
Notable Dividend: 0R9H's dividend (4.68%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: 0R9H's dividend (4.68%) is low compared to the top 25% of dividend payers in the UK market (6.09%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), 0R9H's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0R9H's dividends in 3 years are forecast to be well covered by earnings (28.3% payout ratio).