Published on 22 Feb 2021 on Simply Wall St. via Yahoo Finance
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Insurance Australia Group Limited (ASX:IAG) is about to trade ex-dividend in the next three days. You will need to purchase shares before the 16th of February to receive the dividend, which will be paid on the 30th of March.
Insurance Australia Group's next dividend payment will be AU$0.07 per share. Last year, in total, the company distributed AU$0.14 to shareholders. Calculating the last year's worth of payments shows that Insurance Australia Group has a trailing yield of 2.6% on the current share price of A$5.34. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing.
View our latest analysis for Insurance Australia Group
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