Bankers Investment Trust Dividend
Dividend criteria checks 3/6
Bankers Investment Trust is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
50%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NZ$0.054 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BIT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bankers Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BIT) | 2.4% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 7.1% |
Industry Average (Capital Markets) | 3.9% |
Analyst forecast in 3 Years (BIT) | n/a |
Notable Dividend: BIT's dividend (2.4%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.06%).
High Dividend: BIT's dividend (2.4%) is low compared to the top 25% of dividend payers in the NZ market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), BIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.6%), BIT's dividend payments are covered by cash flows.