Bank of Ireland Group Dividend
Dividend criteria checks 4/6
Bank of Ireland Group is a dividend paying company with a current yield of 5.81% that is well covered by earnings. Next payment date is on 11th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.8%
Dividend yield
43%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 11 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | €1.41 |
| Dividend yield forecast in 3Y | 6.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIRG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BIRG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Bank of Ireland Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIRG) | 5.8% |
| Market Bottom 25% (IE) | 1.7% |
| Market Top 25% (IE) | 5.4% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast in 3 Years (BIRG) | 6.9% |
Notable Dividend: BIRG's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Irish market (1.72%).
High Dividend: BIRG's dividend (5.81%) is in the top 25% of dividend payers in the Irish market (5.36%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), BIRG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIRG's dividends in 3 years are forecast to be well covered by earnings (46.4% payout ratio).