Isabella Bank Dividends and Buybacks
Dividend criteria checks 6/6
Isabella Bank is a dividend paying company with a current yield of 4.51% that is well covered by earnings. Next payment date is on 18th December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
4.5%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 4.1% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$1.120 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ISBA's dividends per share have been stable in the past 10 years.
Growing Dividend: ISBA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Isabella Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ISBA) | 4.5% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (ISBA) (up to 3 years) | 4.5% |
Notable Dividend: ISBA's dividend (4.51%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: ISBA's dividend (4.51%) is in the top 25% of dividend payers in the US market (4.2%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), ISBA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ISBA's dividends in 3 years are forecast to be well covered by earnings (42.7% payout ratio).