Tribune Resources Dividends and Buybacks
Dividend criteria checks 2/6
Tribune Resources is a dividend paying company with a current yield of 4.21%. Next payment date is on 16th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.2% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | AU$0.200 |
| Payout ratio | 242% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TBR has been paying a dividend for less than 10 years.
Growing Dividend: TBR has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Tribune Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBR) | 4.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Metals and Mining) | 5.7% |
| Analyst forecast (TBR) (up to 3 years) | n/a |
Notable Dividend: TBR's dividend (4.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: TBR's dividend (4.21%) is low compared to the top 25% of dividend payers in the Australian market (6%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (242.1%), TBR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), TBR's dividend payments are covered by cash flows.