illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. The company operates through four divisions: Distressed Credit, Growth Credit, Investment Banking, and b-ilty. The Distressed Credit division is involved in the purchase of secured and unsecured corporate distressed loans on primary and secondary markets; provision of financing services primarily in the form of senior financing to investors in distressed loans; and management of corporate non-performing loans portfolios and underlying assets. The Growth Credit division is involved in the financing of the supply chains of the operators of Italian chains and industrial districts through the activity of recourse and non-recourse purchasing of customers' trade receivables; and financing to businesses; and financing solutions for acquisition activities. It also engages in the purchase of loans that are classified as unlikely-to-pay. The Investment Banking division operates in capital markets; implements complex financial transactions for the bank and companies; and provides corporate solutions, which invests in corporate bonds and alternative debts, as well as offers solutions to SMEs and Mid Caps to hedge market risks. The b-ilty division offers digital banking and lending products and services to business customers. Its products include deposits and current accounts; and account aggregator services, as well as digital credit and insurance products. The company also manages the assets of closed end alternative investment funds, own funds, and third-party institutional investors funds. illimity Bank S.p.A. is headquartered in Milan, Italy.
illimity Bank Dividend Announcement
• illimity Bank announced a annually dividend of €0.25 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• illimity Bank annual dividend for 2024 was €0.25
• illimity Bank annual dividend for 2023 was €0.18
• illimity Bank's trailing twelve-month (TTM) dividend yield is 6.72%
illimity Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-20 | €0.25 | annually | 2024-05-22 |
| 2023-05-22 | €0.18 | annually | 2023-05-24 |
illimity Bank Dividend per year
illimity Bank Dividend Yield
illimity Bank current trailing twelve-month (TTM) dividend yield is 6.72%. Interested in purchasing illimity Bank stock? Use our calculator to estimate your expected dividend yield:
illimity Bank Financial Ratios
illimity Bank Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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