Tasmea Dividends and Buybacks
Dividend criteria checks 3/6
Tasmea is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
-5.6%
Buyback Yield
| Total Shareholder Yield | -2.7% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.080 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TEA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TEA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Tasmea Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEA) | 2.9% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast (TEA) (up to 3 years) | 3.8% |
Notable Dividend: TEA's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: TEA's dividend (2.94%) is low compared to the top 25% of dividend payers in the Australian market (6.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.9%), TEA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.2%), TEA's dividend payments are covered by cash flows.