Iveco Group Dividend
Dividend criteria checks 3/6
Iveco Group is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.220 |
| Earnings per share | €0.86 |
| Dividend yield forecast | 6.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether IVGM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if IVGM's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Iveco Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IVGM) | 2.3% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (IVGM) (up to 3 years) | 6.9% |
Notable Dividend: IVGM's dividend (2.34%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: IVGM's dividend (2.34%) is low compared to the top 25% of dividend payers in the UK market (5.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), IVGM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), IVGM's dividend payments are well covered by cash flows.