Transurban Group Dividend
Dividend criteria checks 2/6
Transurban Group is a dividend paying company with a current yield of 4.94%.
Key information
4.9%
Dividend yield
835%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.073 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCL's dividend payments have been volatile in the past 10 years.
Growing Dividend: TCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Transurban Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TCL) | 4.9% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.3% |
Industry Average (Infrastructure) | 4.5% |
Analyst forecast in 3 Years (TCL) | 5.3% |
Notable Dividend: TCL's dividend (4.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: TCL's dividend (4.94%) is low compared to the top 25% of dividend payers in the Australian market (6.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (835%), TCL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (708.4%), TCL's dividend payments are not well covered by cash flows.