Trustmark Dividends and Buybacks
Dividend criteria checks 3/6
Trustmark is a dividend paying company with a current yield of 2.3%. Next payment date is on 15th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
2.3%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 15 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €0.920 |
| Payout ratio | 161% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TT4) | 2.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (TT4) (up to 3 years) | 2.4% |
Notable Dividend: TT4's dividend (2.3%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TT4's dividend (2.3%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (160.8%), TT4's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TT4's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).