Industria de Diseño Textil Dividend
Dividend criteria checks 4/6
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 |
|---|
| 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.