Tesco Dividends and Buybacks
Dividend criteria checks 3/6
Tesco is a dividend paying company with a current yield of 3.57% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 15th October, 2024.
Key information
3.6%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 10.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 15 Oct 24 |
| Dividend per share | €0.149 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCO2's dividend payments have been volatile in the past 10 years.
Growing Dividend: TCO2's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Tesco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCO2) | 3.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Consumer Retailing) | 3.9% |
| Analyst forecast (TCO2) (up to 3 years) | 4.4% |
Notable Dividend: TCO2's dividend (3.57%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: TCO2's dividend (3.57%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), TCO2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.1%), TCO2's dividend payments are well covered by cash flows.