Banque Internationale Arabe de Tunisie Société anonyme Dividend
Dividend criteria checks 3/6
Banque Internationale Arabe de Tunisie Société anonyme is a dividend paying company with a current yield of 6.18% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 13th May, 2024.
Key information
6.2%
Dividend yield
58%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.ت10.04 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BIAT has been paying a dividend for less than 10 years.
Growing Dividend: BIAT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Banque Internationale Arabe de Tunisie Société anonyme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIAT) | 6.2% |
| Market Bottom 25% (TN) | 4.6% |
| Market Top 25% (TN) | 8.2% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast in 3 Years (BIAT) | 6.2% |
Notable Dividend: BIAT's dividend (6.18%) is higher than the bottom 25% of dividend payers in the TN market (4.58%).
High Dividend: BIAT's dividend (6.18%) is low compared to the top 25% of dividend payers in the TN market (8.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), BIAT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIAT's dividends in 3 years are forecast to be covered by earnings (73.2% payout ratio).