Industria de Diseño Textil is a dividend paying company with a current yield of 2.89% that is well covered by earnings. Next payment date is on 4th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
2.9%
Dividend yield
57%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
04 Nov 24
Ex dividend date
31 Oct 24
Dividend per share
€1.540
Earnings per share
€1.81
Dividend yield forecast
4.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1ITX's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1ITX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industria de Diseño Textil Dividend Yield vs Market
How does 1ITX dividend yield compare to the market?
Segment
Dividend Yield
Company (1ITX)
2.9%
Market Bottom 25% (IT)
2.1%
Market Top 25% (IT)
5.2%
Industry Average (Specialty Retail)
3.1%
Analyst forecast (1ITX) (up to 3 years)
4.0%
Notable Dividend: 1ITX's dividend (2.89%) is higher than the bottom 25% of dividend payers in the Italian market (2.06%).
High Dividend: 1ITX's dividend (2.89%) is low compared to the top 25% of dividend payers in the Italian market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.5%), 1ITX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.6%), 1ITX's dividend payments are covered by cash flows.