Bank of Ireland Group Dividends and Buybacks
Dividend criteria checks 3/6
Bank of Ireland Group is a dividend paying company with a current yield of 5.93% that is well covered by earnings. Next payment date is on 11th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.9%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 7.1% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 22.5% |
| Next dividend pay date | 11 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | Mex$0.600 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIRG N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BIRG N's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Bank of Ireland Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIRG N) | 5.9% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Banks) | 5.3% |
| Analyst forecast (BIRG N) (up to 3 years) | 7.0% |
Notable Dividend: BIRG N's dividend (5.93%) is higher than the bottom 25% of dividend payers in the MX market (2.23%).
High Dividend: BIRG N's dividend (5.93%) is low compared to the top 25% of dividend payers in the MX market (6.55%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), BIRG N's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIRG N's dividends in 3 years are forecast to be well covered by earnings (46.2% payout ratio).