First Ottawa Bancshares Dividends and Buybacks
Dividend criteria checks 1/6
First Ottawa Bancshares is a dividend paying company with a current yield of 1.25% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 2nd December, 2024.
Key information
1.2%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.8% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$1.500 |
| Payout ratio | 8% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FOTB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FOTB's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| First Ottawa Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FOTB) | 1.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (FOTB) (up to 3 years) | n/a |
Notable Dividend: FOTB's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FOTB's dividend (1.25%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), FOTB's dividend payments are thoroughly 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.