Thule Group is a dividend paying company with a current yield of 3.17% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 4th October, 2024.
Key information
3.2%
Dividend yield
89%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
10 Oct 24
Ex dividend date
04 Oct 24
Dividend per share
n/a
Earnings per share
€10.63
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TU0 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TU0's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Thule Group Dividend Yield vs Market
How does TU0 dividend yield compare to the market?
Segment
Dividend Yield
Company (TU0)
3.2%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Leisure)
3.4%
Analyst forecast in 3 Years (TU0)
3.9%
Notable Dividend: TU0's dividend (3.17%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: TU0's dividend (3.17%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.1%), TU0's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), TU0's dividend payments are covered by cash flows.