Tribune Resources Dividend
Dividend criteria checks 2/6
Tribune Resources is a dividend paying company with a current yield of 4.45%.
Key information
4.5%
Dividend yield
151%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 4.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Metals and Mining) | 4.9% |
Analyst forecast in 3 Years (TBR) | n/a |
Notable Dividend: TBR's dividend (4.45%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: TBR's dividend (4.45%) is low compared to the top 25% of dividend payers in the Australian market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (151%), TBR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.3%), TBR's dividend payments are covered by cash flows.