Insurance Australia Group Dividends and Buybacks
Dividend criteria checks 3/6
Insurance Australia Group is a dividend paying company with a current yield of 4.16% that is well covered by earnings.
Key information
4.2%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | -6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.229 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IAUG.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: IAUG.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Insurance Australia Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IAUG.Y) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (IAUG.Y) (up to 3 years) | 4.1% |
Notable Dividend: IAUG.Y's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: IAUG.Y's dividend (4.16%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), IAUG.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.6%), IAUG.Y's dividend payments are well covered by cash flows.