AB Ignitis grupe Dividend
Dividend criteria checks 2/6
AB Ignitis grupe is a dividend paying company with a current yield of 6.99% that is well covered by earnings.
Key information
7.0%
Dividend yield
29%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €4.42 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IGN1L has been paying a dividend for less than 10 years.
Growing Dividend: IGN1L's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
AB Ignitis grupe Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IGN1L) | 7.0% |
Market Bottom 25% (LT) | 4.5% |
Market Top 25% (LT) | 7.2% |
Industry Average (Electric Utilities) | 5.7% |
Analyst forecast in 3 Years (IGN1L) | 7.6% |
Notable Dividend: IGN1L's dividend (6.99%) is higher than the bottom 25% of dividend payers in the LT market (4.5%).
High Dividend: IGN1L's dividend (6.99%) is low compared to the top 25% of dividend payers in the LT market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), IGN1L's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IGN1L is paying a dividend but the company has no free cash flows.