Toro Dividend
Dividend criteria checks 3/6
Toro is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
50%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.76 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TO2's dividends per share have been stable in the past 10 years.
Growing Dividend: TO2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Toro Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TO2) | 1.6% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Machinery) | 3.3% |
Analyst forecast in 3 Years (TO2) | 1.6% |
Notable Dividend: TO2's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: TO2's dividend (1.65%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), TO2's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.3%), TO2's dividend payments are not well covered by cash flows.