Quaint Oak Bancorp Dividends and Buybacks
Dividend criteria checks 5/6
Quaint Oak Bancorp is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 12th November, 2024 with an ex-dividend date of 28th October, 2024.
Key information
4.6%
Dividend yield
-16.2%
Buyback Yield
| Total Shareholder Yield | -11.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.6% |
| Next dividend pay date | 12 Nov 24 |
| Ex dividend date | 28 Oct 24 |
| Dividend per share | US$0.520 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: QNTO's dividends per share have been stable in the past 10 years.
Growing Dividend: QNTO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Quaint Oak Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QNTO) | 4.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (QNTO) (up to 3 years) | n/a |
Notable Dividend: QNTO's dividend (4.62%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: QNTO's dividend (4.62%) is in the top 25% of dividend payers in the US market (4.35%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.2%), QNTO'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.