illimity Bank Dividend
Dividend criteria checks 4/6
illimity Bank is a dividend paying company with a current yield of 6.72% that is well covered by earnings.
Key information
6.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.249 |
| Earnings per share | €0.91 |
| Future Dividend Yield | 6.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ILTY has been paying a dividend for less than 10 years.
Growing Dividend: ILTY's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| illimity Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ILTY) | 6.7% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.3% |
| Industry Average (Diversified Financial) | 8.2% |
| Analyst forecast (ILTY) (up to 3 years) | 6.4% |
Notable Dividend: ILTY's dividend (6.72%) is higher than the bottom 25% of dividend payers in the Italian market (1.95%).
High Dividend: ILTY's dividend (6.72%) is in the top 25% of dividend payers in the Italian market (5.37%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), ILTY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ILTY's dividends in 3 years are forecast to be well covered by earnings (22% payout ratio).