West Bromwich Building Society Dividends and Buybacks
Dividend criteria checks 2/6
West Bromwich Building Society is a dividend paying company with a current yield of 9.83% that is well covered by earnings.
Key information
9.8%
Dividend yield
6.6%
Buyback Yield
| Total Shareholder Yield | 16.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 31.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£4.500 |
| Payout ratio | 21% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WBROM has been paying a dividend for less than 10 years.
Growing Dividend: WBROM's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| West Bromwich Building Society Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WBROM) | 9.8% |
| Market Bottom 25% (LU) | 3.0% |
| Market Top 25% (LU) | 15.4% |
| Industry Average (Diversified Financial) | 2.6% |
| Analyst forecast (WBROM) (up to 3 years) | n/a |
Notable Dividend: WBROM's dividend (9.83%) is higher than the bottom 25% of dividend payers in the Luxembourg market (2.99%).
High Dividend: WBROM's dividend (9.83%) is low compared to the top 25% of dividend payers in the Luxembourg market (15.79%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), WBROM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.