Banca IFIS Dividend

Dividend criteria checks 5/6

Banca IFIS is a dividend paying company with a current yield of 10.03% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.

Key information

10.0%

Dividend yield

69%

Payout ratio

Industry average yield8.7%
Next dividend pay date22 May 24
Ex dividend date20 May 24
Dividend per sharen/a
Earnings per share€3.05
Dividend yield forecast in 3Y10.8%

Recent dividend updates

Banca IFIS (BIT:IF) Has Announced A Dividend Of €0.90

Apr 30
Banca IFIS (BIT:IF) Has Announced A Dividend Of €0.90

Banca IFIS (BIT:IF) Is Increasing Its Dividend To €0.95

May 18
Banca IFIS (BIT:IF) Is Increasing Its Dividend To €0.95

Recent updates

Banca IFIS (BIT:IF) Has Announced A Dividend Of €0.90

Apr 30
Banca IFIS (BIT:IF) Has Announced A Dividend Of €0.90

Banca IFIS (BIT:IF) Is Increasing Its Dividend To €0.95

May 18
Banca IFIS (BIT:IF) Is Increasing Its Dividend To €0.95

Is Banca IFIS S.p.A.'s (BIT:IF) 4.2% Dividend Worth Your Time?

Apr 14
Is Banca IFIS S.p.A.'s (BIT:IF) 4.2% Dividend Worth Your Time?

What Type Of Shareholders Own The Most Number of Banca IFIS S.p.A. (BIT:IF) Shares?

Mar 10
What Type Of Shareholders Own The Most Number of Banca IFIS S.p.A. (BIT:IF) Shares?

Reflecting on Banca IFIS' (BIT:IF) Share Price Returns Over The Last Three Years

Feb 12
Reflecting on Banca IFIS' (BIT:IF) Share Price Returns Over The Last Three Years

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateMay 20 2024Dividend Pay DateMay 22 20242 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: IF's dividend payments have been volatile in the past 10 years.

Growing Dividend: IF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Banca IFIS Dividend Yield vs Market
How does IF dividend yield compare to the market?
SegmentDividend Yield
Company (IF)10.0%
Market Bottom 25% (IT)1.9%
Market Top 25% (IT)5.7%
Industry Average (Diversified Financial)8.7%
Analyst forecast in 3 Years (IF)10.8%

Notable Dividend: IF's dividend (10.03%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).

High Dividend: IF's dividend (10.03%) is in the top 25% of dividend payers in the Italian market (5.66%)


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68.8%), IF's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: IF's dividends in 3 years are forecast to be covered by earnings (70.7% payout ratio).


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