TBC Bank Group Dividend
Dividend criteria checks 4/6
TBC Bank Group is a dividend paying company with a current yield of 7.31% that is well covered by earnings. Next payment date is on 11th November, 2024 with an ex-dividend date of 3rd October, 2024.
Key information
7.3%
Dividend yield
33%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | 11 Nov 24 |
| Ex dividend date | 03 Oct 24 |
| Dividend per share | €7.220 |
| Earnings per share | €21.83 |
| Dividend yield forecast | 10.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LR6 has been paying a dividend for less than 10 years.
Growing Dividend: LR6's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| TBC Bank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LR6) | 7.3% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (LR6) (up to 3 years) | 10.0% |
Notable Dividend: LR6's dividend (7.31%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: LR6's dividend (7.31%) is in the top 25% of dividend payers in the German market (4.71%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), LR6's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LR6's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).