Bank of Ireland Group Dividend
Dividend criteria checks 4/6
Bank of Ireland Group is a dividend paying company with a current yield of 7.09% that is well covered by earnings. Next payment date is on 7th November, 2024 with an ex-dividend date of 10th October, 2024.
Key information
7.2%
Dividend yield
65%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 07 Nov 24 |
| Ex dividend date | 10 Oct 24 |
| Dividend per share | €0.700 |
| Earnings per share | €1.52 |
| Dividend yield forecast | 7.4% |
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 7 years.
Dividend Yield vs Market
| Bank of Ireland Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIRG) | 7.2% |
| Market Bottom 25% (IE) | 1.9% |
| Market Top 25% (IE) | 5.6% |
| Industry Average (Banks) | 6.6% |
| Analyst forecast (BIRG) (up to 3 years) | 7.4% |
Notable Dividend: BIRG's dividend (7.09%) is higher than the bottom 25% of dividend payers in the Irish market (1.91%).
High Dividend: BIRG's dividend (7.09%) is in the top 25% of dividend payers in the Irish market (5.57%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), BIRG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIRG's dividends in 3 years are forecast to be well covered by earnings (47.3% payout ratio).