Timken Dividends and Buybacks
Dividend criteria checks 5/6
Timken is a dividend paying company with a current yield of 1.77% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 19th November, 2024.
Key information
1.8%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -5.4% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | €1.261 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKH's dividends per share have been stable in the past 10 years.
Growing Dividend: TKH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Timken Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TKH) | 1.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.6% |
| Analyst forecast (TKH) (up to 3 years) | 1.9% |
Notable Dividend: TKH's dividend (1.77%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: TKH's dividend (1.77%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), TKH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.2%), TKH's dividend payments are well covered by cash flows.