Trustmark is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 15th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.0%
Dividend yield
36%
Payout ratio
Industry average yield
6.3%
Next dividend pay date
15 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€2.56
Dividend yield forecast in 3Y
3.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TT4's dividends per share have been stable in the past 10 years.
Growing Dividend: TT4's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Trustmark Dividend Yield vs Market
How does TT4 dividend yield compare to the market?
Segment
Dividend Yield
Company (TT4)
3.0%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Banks)
6.3%
Analyst forecast in 3 Years (TT4)
3.1%
Notable Dividend: TT4's dividend (3.04%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: TT4's dividend (3.04%) is low compared to the top 25% of dividend payers in the German market (4.65%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), TT4's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.