The company has a strong track record of paying consistent dividends, with a dividend yield of 4.2% in 2022.
This is a significant advantage for investors who are looking for regular income from their investments.
Dividend Ing Group has a market capitalization of $2.5 billion, making it a mid-cap company in the industry.
Its stock has shown steady growth over the past five years, with a compound annual growth rate (CAGR) of 12%.
Worth a look: Stocks with High Dividends and Growth
€0.39 Per Share at 4.6% Yield
The upcoming dividend of ING Groep is €0.39 per share, which is a 4.6% yield. This is a significant return on investment for shareholders.
ING Groep's dividend yield is higher than the market average, which suggests that the company is returning a larger portion of its profits to shareholders.
The dividend is expected to be paid out in the near future, giving investors a chance to capitalize on this attractive yield.
Expand your knowledge: Ing Direct Wikipedia
Investment Analysis
ING Groep NV has a solid growth trajectory with a growth rank of 6, indicating a reasonable future outlook. This is supported by its robust revenue model, with an average annual revenue increase of 11.20%, outperforming 66.76% of global competitors.
The company's 3-year EPS growth rate has averaged an impressive 36.80% per year, surpassing 81.75% of global competitors. This suggests that ING Groep NV is a strong performer in terms of earnings growth.
ING Groep NV's dividend payments have increased over the past 10 years, indicating a growing dividend. Over the past 3 years, the company has averaged an annual trailing twelve month dividend growth rate of 21.09%.
Additional reading: Ing Direct Netherlands
Payment Stability and Growth
Payment stability and growth are crucial factors to consider when evaluating a company's investment potential. ING Groep NV has demonstrated a strong track record in this area.
The company's trailing dividend yield is 4.89%, with a projected forward dividend yield of 7.34%. This indicates a potential increase in dividend payouts over the next 12 months.
ING Groep NV's growth rank is 6, suggesting a reasonable growth trajectory. The company's revenue per share and 3-year revenue growth rate indicate a robust revenue model, with an average annual increase of 11.20%.
Additional reading: Ing Direct Term Deposit Rates
A 5-year EBITDA growth rate of 8.50% further underscores the company's competitive performance. This growth rate has contributed to the company's impressive 3-year EPS growth rate of 36.80% per year.
Here are some key statistics that highlight ING Groep NV's payment stability and growth:
- 3-year trailing twelve month dividend growth rate: 21.09%
- 5-year yield on cost: approximately 4.89%
- Revenue growth rate: 11.20% per year
- EPS growth rate: 36.80% per year
ING Groep NV's dividend payments have increased over the past 10 years, as seen with INN1. This growth in dividend payments is a positive indicator of the company's financial health.
Analyst Sources
When researching investment opportunities, it's essential to consider the insights of experienced analysts. ING Groep N.V. has 63 analysts covering the company, providing valuable input for investment decisions.
These analysts are from various institutions, including ABN AMRO Bank N.V., Ahorro Corporación, and AlphaValue. Their expertise and knowledge can greatly influence investment strategies.
Analysts like Wim Gille from ABN AMRO Bank N.V. and Maria del Paz Ojeda Fernandez from Ahorro Corporación contribute to the collective understanding of ING Groep N.V.'s financial performance.
You might like: Agnc Investment Corp High Dividend Yield
The number of analysts covering ING Groep N.V. is substantial, with 63 experts providing their insights. This is a significant factor in the investment analysis process.
Analysts' submissions are constantly updated throughout the day, ensuring that investors have access to the latest information. This helps investors make informed decisions based on the most current data available.
Here are some of the analysts covering ING Groep N.V.:
Financial Performance
ING Group's financial performance has been relatively strong compared to its peers. Over the last year, the company obtained a 50.40% return versus a worldwide performance of 8.71%.
The company's stock performance has also been impressive, with a return of -1.40% last month compared to a worldwide average of -2.49% and a -3.03% return for Financials firms.
ING Groep NV's dividend payout ratio is a low 0.35, indicating a balanced approach between distributing earnings and retaining capital for growth and stability.
This lower ratio is a positive signal for investors concerned with long-term value. The company's consistent positive net income over the past decade reinforces its financial health, with a profitability rank of 6 out of 10.
Explore further: Meta Financial Group
Market and Stock
ING Group's dividend yield is higher than the bottom 25% of dividend payers in the German market, at 6.9% compared to 1.6%. This suggests that ING Group's dividend is more attractive to investors compared to other companies in the market.
ING Group's dividend yield is also in the top 25% of dividend payers in the German market, at 6.9% compared to 4.7%. This indicates that ING Group's dividend is among the highest in the market.
Here's a comparison of ING Group's dividend yield to the market average:
Stock Performance
ING Group CVA showed a return of -1.40% last month, which is better than the worldwide average of -2.49% and the -3.03% return of Financials firms.
Over the last year, the company obtained a 50.40% return, which is significantly higher than the worldwide performance of 8.71%.
The company's dividend yield is 4.49%, which is greater than 90.74% of its fellow stocks in the large market cap class.
ING Groep Nv's discount rate is lower than that of 89.15% of dividend stocks in the same revenue class, indicating lower risk.
A stock's beta generally indicates its volatility relative to the broader equity market; for Ing Groep Nv, its beta is lower than 9.97% of dividend issuing stocks we observed.
ING Group CVA's stock performance is worth noting, especially when compared to the worldwide average.
Here's a summary of the company's performance over the last year:
ING's dividend yield is also notable, especially when compared to the market.
Group CVA Stock
ING Group CVA stock has a total dividend of 2,599 million EUR last year, with a market value of 46,007 million EUR. This is a significant payout, and the company's dividend per share is 0.74 EUR.
The stock market price of ING Group CVA is 13.10 EUR, which means the dividend yield is 5.64%. This is higher than the market average and companies from the Netherlands.
A unique perspective: National Health Investors Stock Dividend
ING Group CVA's high dividend yield might be a cause for concern, as it could indicate future problems for the company. Deeper analysis is needed to understand the implications.
Over the last year, ING Group CVA obtained a 50.40% return, compared to a worldwide performance of 8.71%. This is a significant outperformance, but the company's stock performance over the last month was -1.40%.
ING Group CVA's payout ratio on earnings is 66.67%, which is higher than the market average and companies from the Financials industry. This could be a sign that the company may struggle to maintain its current dividend yield.
However, the company's cash flow per share is EUR 4.52, which is higher than the dividend per share paid by the company. This suggests that ING Group CVA generates enough cash to maintain its dividend in the future.
Here is a table showing the historical evolution of ING Group CVA's dividend stock, payout on earnings, and number of shares:
Sources
- https://www.ing.com/Investors/Share-information/Dividend-and-distribution-policy.htm
- https://www.gurufocus.com/news/2415249/ing-groep-nvs-dividend-analysis
- https://simplywall.st/stocks/de/banks/fra-inn1/ing-groep-shares/dividend
- https://stocknews.com/stock/ING/dividends/
- http://www.dividendsranking.com/ING-Group-CVA-dividend-yield.html
Featured Images: pexels.com