iShares Core Canadian Short Term Bond Index ETF Dividend
Dividend criteria checks 5/6
iShares Core Canadian Short Term Bond Index ETF is a dividend paying company with a current yield of 2.83% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 24th September, 2024.
Key information
2.8%
Dividend yield
55%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 24 Sep 24 |
| Dividend per share | Mex$0.760 |
| Earnings per share | Mex$1.36 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XSB N's dividends per share have been stable in the past 10 years.
Growing Dividend: XSB N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| iShares Core Canadian Short Term Bond Index ETF Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XSB N) | 2.8% |
| Market Bottom 25% (MX) | 2.3% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Capital Markets) | 5.8% |
| Analyst forecast (XSB N) (up to 3 years) | n/a |
Notable Dividend: XSB N's dividend (2.83%) is higher than the bottom 25% of dividend payers in the MX market (2.28%).
High Dividend: XSB N's dividend (2.83%) is low compared to the top 25% of dividend payers in the MX market (7.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), XSB N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.1%), XSB N's dividend payments are well covered by cash flows.