illimity Bank Dividend
Dividend criteria checks 3/6
illimity Bank is a dividend paying company with a current yield of 5.51% that is well covered by earnings.
Key information
5.5%
Dividend yield
28%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.249 |
| Earnings per share | €0.91 |
| Dividend yield forecast | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0A3J has been paying a dividend for less than 10 years.
Growing Dividend: 0A3J's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| illimity Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0A3J) | 5.5% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Diversified Financial) | 6.6% |
| Analyst forecast (0A3J) (up to 3 years) | 5.2% |
Notable Dividend: 0A3J's dividend (5.51%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0A3J's dividend (5.51%) is low compared to the top 25% of dividend payers in the UK market (5.59%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), 0A3J's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0A3J's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).