Bank of Ireland had originally announced plans in February for a dividend of 17.5 cent per share. But it says in light of the evolving COVID-19 pandemic, and following the recommendation of the European Central Bank (ECB) on dividend distributions, the group will not be proceeding with the proposed dividend.
Hereof, how much is a Bank of Ireland share worth today?
BIRG BANK OF IRELAND GROUP PLC ORD EUR1. 00
Price (EUR) | 7.31 | Var % (+/-) |
High | 7.41 | Low |
Volume | 179,752 | Last close |
Bid | 7.28 | Offer |
Trading status | Post-Close | Special conditions |
Secondly, how much does Bank of America pay in dividends?
Currently paying a dividend of $0.18 per share, the company has a dividend yield of 2.19%. In comparison, the Banks - Major Regional industry's yield is 2.76%, while the S&P 500's yield is 1.81%. Taking a look at the company's dividend growth, its current annualized dividend of $0.72 is up 9.1% from last year.
Why are Bank of Ireland shares so low?
Shares in Bank of Ireland continued their decline on Tuesday as investors digested an underwhelming set of annual results at the lender. The Republic's largest lender by assets dropped as much as 1.76 per cent to €5.015 in early morning trade on the Irish stock exchange.
How are dividends taxed in Ireland?
The dividend withholding tax is applied at a standard rate of 20% for dividend payments and other distributions made by companies registered in Ireland. Most Irish companies will pay dividends twice a year and the withholding tax will apply at source on the gross dividend.