Technogym is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
2.9%
Dividend yield
71%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€0.37
Dividend yield forecast in 3Y
3.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TN2 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TN2's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Technogym Dividend Yield vs Market
How does TN2 dividend yield compare to the market?
Segment
Dividend Yield
Company (TN2)
2.9%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Leisure)
3.4%
Analyst forecast in 3 Years (TN2)
3.8%
Notable Dividend: TN2's dividend (2.9%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: TN2's dividend (2.9%) 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 (70.8%), TN2's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.3%), TN2's dividend payments are covered by cash flows.