TCL Electronics Holdings is a dividend paying company with a current yield of 3.09% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
3.1%
Dividend yield
52%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
31 Jul 24
Ex dividend date
05 Jul 24
Dividend per share
n/a
Earnings per share
€0.30
Dividend yield forecast in 3Y
5.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TC2A has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TC2A's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
TCL Electronics Holdings Dividend Yield vs Market
How does TC2A dividend yield compare to the market?
Segment
Dividend Yield
Company (TC2A)
3.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Consumer Durables)
4.3%
Analyst forecast in 3 Years (TC2A)
5.8%
Notable Dividend: TC2A's dividend (3.09%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: TC2A's dividend (3.09%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), TC2A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.7%), TC2A's dividend payments are well covered by cash flows.