Target Dividends and Buybacks
Dividend criteria checks 5/6
Target is a dividend paying company with a current yield of 3.43% that is well covered by earnings. Next payment date is on 19th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
3.4%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -2.4% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | R$24.306 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGTB34's dividends per share have been stable in the past 10 years.
Growing Dividend: TGTB34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Target Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGTB34) | 3.4% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Consumer Retailing) | 2.5% |
| Analyst forecast (TGTB34) (up to 3 years) | 3.7% |
Notable Dividend: TGTB34's dividend (3.43%) is higher than the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: TGTB34's dividend (3.43%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), TGTB34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), TGTB34's dividend payments are well covered by cash flows.