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Banca Ifis (MIL:IF) Forward Dividend Yield % : 10.13% (As of Apr. 27, 2024)


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What is Banca Ifis Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Banca Ifis is 10.13%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Banca Ifis is 7.71%.

MIL:IF's Forward Dividend Yield % is ranked better than
94.96% of 1170 companies
in the Banks industry
Industry Median: 4.16 vs MIL:IF: 10.13

Banca Ifis's Dividends per Share for the three months ended in Dec. 2023 was €1.20.

During the past 12 months, Banca Ifis's average Dividends Per Share Growth Rate was -17.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banca Ifis was 79.50% per year. The lowest was -28.80% per year. And the median was 14.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Banca Ifis's Forward Dividend Yield %

For the Banks - Regional subindustry, Banca Ifis's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banca Ifis's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Ifis's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Banca Ifis's Forward Dividend Yield % falls into.



Banca Ifis Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Banca Ifis Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 1.2002023-11-202023-11-212023-11-22Cash Dividendsemi-annuallyEUR:EUR 1.000000
EUR 0.4002023-05-222023-05-232023-05-24Cash Dividendsemi-annuallyEUR:EUR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Banca Ifis's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.4/20.74
=11.57 %

Current Share Price is €20.74.
Banca Ifis's Dividends per Share for the forward twelve months is calculated as €1.2 * 2 = €2.4.

Banca Ifis's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.6/20.74
=7.71 %

Current Share Price is €20.74.
Banca Ifis's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.6.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banca Ifis  (MIL:IF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Banca Ifis Forward Dividend Yield % Related Terms

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Banca Ifis (MIL:IF) Business Description

Industry
Traded in Other Exchanges
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.