IF Bancorp, Inc. (IROQ) Dividends
Dividend Yield and Dividend History Highlights
- IROQ has issued more total dividends (as measured in absolute US dollars) over the past six years than 4.13% of other US stocks currently paying dividends.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, IROQ has returned $906,000 US dollars, more than 3.63% of US dividend issuers.
- Free cash flow for IROQ has a compound average growth rate of -752.14%, which is higher than just 1.2% of stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with IROQ's price: NICE, STAF, EIX, CS and JP.
IROQ Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $19.85 | $22.42 | -5.03% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of IROQ, the DDM model, as implemented by StockNews, implies a negative return of 5.03% relative to its current price. To help understand and contextualize the model's evaluation of IROQ, investors may wish to consider are:
- In comparison to other stocks in the Financial Services sector, IF Bancorp Inc offers a higher dividend yield than merely 18.68% of them.
- In comparison to other stocks in the small-sized revenue class, its discount rate is lower than that of 20.76% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for IROQ, approximately 96.06% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
IROQ Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-27 | Dividend | $0.20 | -- |
| 2024-03-21 | Dividend | $0.20 | -- |
| 2023-09-21 | Dividend | $0.20 | -- |
| 2023-03-23 | Dividend | $0.20 | -- |
| 2022-09-22 | Dividend | $0.20 | +14.29% |
| 2022-03-24 | Dividend | $0.18 | -- |
| 2021-09-23 | Dividend | $0.18 | +16.67% |
| 2021-03-25 | Dividend | $0.15 | -- |
| 2020-09-24 | Dividend | $0.15 | -- |
| 2020-03-19 | Dividend | $0.15 | -- |
| 2019-09-20 | Dividend | $0.15 | +20.00% |
| 2019-03-21 | Dividend | $0.13 | -- |
| 2018-09-21 | Dividend | $0.13 | +25.00% |
| 2018-03-22 | Dividend | $0.10 | -- |
| 2017-09-22 | Dividend | $0.10 | +25.00% |
| 2017-03-22 | Dividend | $0.08 | -- |
| 2016-09-22 | Dividend | $0.08 | -- |
| 2016-03-22 | Dividend | $0.08 | +60.00% |
| 2015-09-17 | Dividend | $0.05 | -- |
| 2015-03-20 | Dividend | $0.05 | -- |
| 2014-09-18 | Dividend | $0.05 | -- |
| 2014-03-20 | Dividend | $0.05 | -- |
| 2013-09-19 | Dividend | $0.05 | -- |
IROQ Dividends vs. Peers
IROQ's dividend yield currently ranks #37 of 73 vs. its peers in the Midwest Regional Banks category.
Looking for More Information on IROQ dividends?
Want to see what other sources are saying about IF Bancorp Inc's dividends? Try the links below:IF Bancorp Inc Common Stock (IROQ) Dividend History | Nasdaq
Dividend History for IF Bancorp Inc (IROQ) - Dividend Investor
IF Bancorp Inc (IROQ) Dividend History - Seeking Alpha