First Niles Financial Dividends and Buybacks
Dividend criteria checks 2/6
First Niles Financial is a dividend paying company with a current yield of 2.96% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.9% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$0.240 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FNFI has been paying a dividend for less than 10 years.
Growing Dividend: FNFI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| First Niles Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FNFI) | 3.0% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (FNFI) (up to 3 years) | n/a |
Notable Dividend: FNFI's dividend (2.96%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: FNFI's dividend (2.96%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), FNFI's dividend payments are well 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.