Dunedin Income Growth Investment Trust Dividend
Dividend criteria checks 4/6
Dunedin Income Growth Investment Trust is a dividend paying company with a current yield of 4.86% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.9%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | UK£0.138 |
| Earnings per share | UK£0.28 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DIGL's dividends per share have been stable in the past 10 years.
Growing Dividend: DIGL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dunedin Income Growth Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DIGL) | 4.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Capital Markets) | 2.8% |
| Analyst forecast (DIGL) (up to 3 years) | n/a |
Notable Dividend: DIGL's dividend (4.86%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: DIGL's dividend (4.86%) is low compared to the top 25% of dividend payers in the UK market (5.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), DIGL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.8%), DIGL's dividend payments are not well covered by cash flows.