Top 10 Split Trust Dividend
Dividend criteria checks 3/6
Top 10 Split Trust is a dividend paying company with a current yield of 4.8% that is well covered by earnings.
Key information
4.8%
Dividend yield
13%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$1.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TXT.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: TXT.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Top 10 Split Trust Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TXT.UN) | 4.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (TXT.UN) | n/a |
Notable Dividend: TXT.UN's dividend (4.8%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: TXT.UN's dividend (4.8%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), TXT.UN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.6%), TXT.UN's dividend payments are thoroughly covered by cash flows.