I.B.I.- Managing & Underwriting Dividend
Dividend criteria checks 2/6
I.B.I.- Managing & Underwriting is a dividend paying company with a current yield of 3.42%. Next payment date is on 5th June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
3.4%
Dividend yield
90%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | 05 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₪0.42 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IBIU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IBIU has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| I.B.I.- Managing & Underwriting Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IBIU) | 3.4% |
| Market Bottom 25% (IL) | 2.5% |
| Market Top 25% (IL) | 7.0% |
| Industry Average (Capital Markets) | 6.1% |
| Analyst forecast in 3 Years (IBIU) | n/a |
Notable Dividend: IBIU's dividend (3.42%) is higher than the bottom 25% of dividend payers in the IL market (2.47%).
High Dividend: IBIU's dividend (3.42%) is low compared to the top 25% of dividend payers in the IL market (6.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.4%), IBIU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.3%), IBIU's dividend payments are well covered by cash flows.