Banca Monte dei Paschi di Siena Dividend
Dividend criteria checks 3/6
Banca Monte dei Paschi di Siena is a dividend paying company with a current yield of 5.55% 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
5.5%
Dividend yield
15%
Payout ratio
| Industry average yield | 6.4% |
| 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 | 9.6% |
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 0RK6's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 0RK6'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0RK6) | 5.5% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast in 3 Years (0RK6) | 9.6% |
Notable Dividend: 0RK6's dividend (5.55%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0RK6's dividend (5.55%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.3%), 0RK6's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RK6's dividends in 3 years are forecast to be covered by earnings (65.1% payout ratio).