Iren Dividend
Dividend criteria checks 5/6
Iren is a dividend paying company with a current yield of 6.5% that is well covered by earnings.
Key information
6.5%
Dividend yield
61%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.20 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRDE.F's dividends per share have been stable in the past 10 years.
Growing Dividend: IRDE.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Iren Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IRDE.F) | 6.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Integrated Utilities) | 3.7% |
Analyst forecast in 3 Years (IRDE.F) | 7.6% |
Notable Dividend: IRDE.F's dividend (6.5%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: IRDE.F's dividend (6.5%) is in the top 25% of dividend payers in the US market (4.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.9%), IRDE.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRDE.F is paying a dividend but the company has no free cash flows.