Farmers Bancorp (Frankfort IN) Dividend
Dividend criteria checks 3/6
Farmers Bancorp (Frankfort IN) is a dividend paying company with a current yield of 4.61% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 29th October, 2024.
Key information
4.6%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.4% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | US$1.520 |
| Payout ratio | 50% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FABP has been paying a dividend for less than 10 years.
Growing Dividend: FABP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Farmers Bancorp (Frankfort IN) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FABP) | 4.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast (FABP) (up to 3 years) | n/a |
Notable Dividend: FABP's dividend (4.61%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: FABP's dividend (4.61%) is in the top 25% of dividend payers in the US market (4.55%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), FABP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.