Italgas Dividends and Buybacks
Dividend criteria checks 3/6
Italgas is a dividend paying company with a current yield of 6.29% that is well covered by earnings.
Key information
6.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.9% |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.352 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IGM has been paying a dividend for less than 10 years.
Growing Dividend: IGM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Italgas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGM) | 6.3% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Gas Utilities) | 6.9% |
| Analyst forecast (IGM) (up to 3 years) | 7.9% |
Notable Dividend: IGM's dividend (6.29%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: IGM's dividend (6.29%) is in the top 25% of dividend payers in the UK market (5.98%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), IGM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IGM is paying a dividend but the company has no free cash flows.