Tess HoldingsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Tess HoldingsLtd is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
-68.9%
Buyback Yield
| Total Shareholder Yield | -66.2% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 24.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €7.660 |
| Payout ratio | 71% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9VI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9VI has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Tess HoldingsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9VI) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Construction) | 4.1% |
| Analyst forecast (9VI) (up to 3 years) | 4.0% |
Notable Dividend: 9VI's dividend (2.77%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 9VI's dividend (2.77%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), 9VI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9VI is paying a dividend but the company has no free cash flows.