Iren Dividend
Dividend criteria checks 5/6
Iren is a dividend paying company with a current yield of 6.33% that is well covered by earnings.
Key information
6.3%
Dividend yield
55%
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$0.16 |
Dividend yield forecast in 3Y | 9.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRDE.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: IRDE.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Iren Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IRDE.Y) | 6.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Integrated Utilities) | 3.7% |
Analyst forecast in 3 Years (IRDE.Y) | 9.0% |
Notable Dividend: IRDE.Y's dividend (6.33%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: IRDE.Y's dividend (6.33%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), IRDE.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRDE.Y is paying a dividend but the company has no free cash flows.