Honat Bancorp Dividend
Dividend criteria checks 2/6
Honat Bancorp is a dividend paying company with a current yield of 2.36% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
2.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$8.97 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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, HONT has been paying a dividend for less than 10 years.
Growing Dividend: HONT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Honat Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HONT) | 2.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (HONT) | n/a |
Notable Dividend: HONT's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: HONT's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), HONT'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.