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IF Bancorp (IF Bancorp) Forward Dividend Yield % : 2.44% (As of Apr. 27, 2024)


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What is IF Bancorp Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of IF Bancorp is 2.44%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of IF Bancorp is 2.44%.

IROQ's Forward Dividend Yield % is ranked worse than
80.34% of 1170 companies
in the Banks industry
Industry Median: 4.16 vs IROQ: 2.44

IF Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, IF Bancorp's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IF Bancorp was 26.00% per year. The lowest was 10.10% per year. And the median was 17.00% 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 IF Bancorp's Forward Dividend Yield %

For the Banks - Regional subindustry, IF Bancorp'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.


IF Bancorp's Forward Dividend Yield % Distribution in the Banks Industry

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

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



IF Bancorp Forward Dividend Yield % Calculation

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

IF Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-03-212024-03-222024-04-15Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2002023-09-212023-09-222023-10-13Cash Dividendsemi-annuallyUSD:USD 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.

IF Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/16.3959
=2.44 %

Current Share Price is $16.3959.
IF Bancorp's Dividends per Share for the forward twelve months is calculated as $0.2 * 2 = $0.4.

IF Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4/16.3959
=2.44 %

Current Share Price is $16.3959.
IF Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

* 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.


IF Bancorp  (NAS:IROQ) 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.


IF Bancorp Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of IF Bancorp's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


IF Bancorp (IF Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
201 East Cherry Street, Watseka, IL, USA, 60970
IF Bancorp Inc is a holding company. It is mainly engaged in the business of directing, planning, and coordinating the business activities of Iroquois Federal. The company with the association take deposits from the general public and invest those deposits together with funds generated from operations and borrowings in various loans such as multi-family residential and mortgage loans, commercial real estate loans, home equity lines of credit, consumer loans, others, and also a variety of deposit accounts and alternative delivery channels.
Executives
Thomas J Chamberlain officer: Vice President C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Richard Stenzinger director 201 E CHERRY STREET, WATSEKA IL 60970
Dennis C Wittenborn director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Linda L. Hamilton officer: EVP and COO C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Terry W Acree officer: Vice President C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Rodney E Yergler director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Frank J Simutis director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Wayne A Lehmann director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Joseph A Cowan director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Hasselbring Walter H Iii officer: Vice President and COO C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Alan D Martin director, officer: President and CEO C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Gary Martin director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Pamela J Verkler officer: VP, CFO and Treasurer C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Ardith Heuton director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
John D Martin director C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970

IF Bancorp (IF Bancorp) Headlines

From GuruFocus

IF Bancorp, Inc. Announces Cash Dividend

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By Business Wire Business Wire 04-27-2023

IF Bancorp, Inc. Announces Cash Dividend

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IF Bancorp, Inc. Announces Cash Dividend

By Business Wire Business Wire 08-10-2022