illimity Bank Dividend
Dividend criteria checks 3/6
illimity Bank is a dividend paying company with a current yield of 4.76% 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
4.8%
Dividend yield
20%
Payout ratio
| Industry average yield | 8.7% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | €1.25 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ILTY's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ILTY's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| illimity Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ILTY) | 4.8% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Diversified Financial) | 8.7% |
| Analyst forecast in 3 Years (ILTY) | 4.9% |
Notable Dividend: ILTY's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).
High Dividend: ILTY's dividend (4.76%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), 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 (25.1% payout ratio).