Industrie Chimiche Forestali Dividend
Dividend criteria checks 3/6
Industrie Chimiche Forestali is a dividend paying company with a current yield of 3.85% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 13th May, 2024.
Key information
3.8%
Dividend yield
63%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.32 |
| Dividend yield forecast in 3Y | 2.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ICF has been paying a dividend for less than 10 years.
Growing Dividend: ICF's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Industrie Chimiche Forestali Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ICF) | 3.8% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.5% |
| Industry Average (Chemicals) | 2.7% |
| Analyst forecast in 3 Years (ICF) | 2.7% |
Notable Dividend: ICF's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Italian market (1.92%).
High Dividend: ICF's dividend (3.85%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.5%), ICF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), ICF's dividend payments are well covered by cash flows.