Thule Group AB (publ)
MUN:TU00 Stock Report
Thule Group Dividends and Buybacks
Dividend criteria checks 4/6
Thule Group is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 6.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.909 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: TU00's dividend payments have been volatile in the past 10 years.
Growing Dividend: TU00's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thule Group Dividend Yield vs Market |
|---|
How does TU00 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (TU00) | 2.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Leisure) | 3.5% |
| Analyst forecast (TU00) (up to 3 years) | 3.3% |
Notable Dividend: TU00's dividend (2.67%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: TU00's dividend (2.67%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.9%), TU00's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52%), TU00's dividend payments are covered by cash flows.
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