ITC Dividends and Buybacks
Dividend criteria checks 4/6
ITC is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.166 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ITC's dividends per share have been stable in the past 10 years.
Growing Dividend: ITC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ITC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ITC) | 2.9% |
| Market Bottom 25% (LU) | 0% |
| Market Top 25% (LU) | 0% |
| Industry Average (Tobacco) | 0% |
| Analyst forecast (ITC) (up to 3 years) | 3.6% |
Notable Dividend: ITC's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Luxembourg market (2.89%).
High Dividend: ITC's dividend (2.94%) is low compared to the top 25% of dividend payers in the Luxembourg market (15.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), ITC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (131.5%), ITC's dividend payments are not well covered by cash flows.