Eagle Point Income Dividend
Dividend criteria checks 3/6
Eagle Point Income is a dividend paying company with a current yield of 15.19% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 11th July, 2024.
Key information
15.2%
Dividend yield
65%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 11 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.21 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EICA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EICA's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Eagle Point Income Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EICA) | 15.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (EICA) | n/a |
Notable Dividend: EICA's dividend (15.19%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: EICA's dividend (15.19%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.3%), EICA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EICA is paying a dividend but the company has no free cash flows.