iShares Trust - iShares iBoxx $ High Yield Bond ETF Dividend
Dividend criteria checks 3/6
iShares Trust - iShares iBoxx $ High Yield Bond ETF is a dividend paying company with a current yield of 5.83% that is well covered by earnings.
Key information
5.8%
Dividend yield
86%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$5.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HYG has been paying a dividend for less than 10 years.
Growing Dividend: HYG has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| iShares Trust - iShares iBoxx $ High Yield Bond ETF Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HYG) | 5.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (HYG) | n/a |
Notable Dividend: HYG's dividend (5.83%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: HYG's dividend (5.83%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.9%), HYG's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate HYG's cash payout ratio to determine if its dividend payments are covered by cash flows.