Tradegate Wertpapierhandelsbank Dividend
Dividend criteria checks 3/6
Tradegate Wertpapierhandelsbank is a dividend paying company with a current yield of 0.83% that is well covered by earnings. Next payment date is on 19th June, 2024 with an ex-dividend date of 17th June, 2024.
Key information
0.8%
Dividend yield
82%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 19 Jun 24 |
| Ex dividend date | 17 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | €0.96 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: T2G's dividend payments have been volatile in the past 10 years.
Growing Dividend: T2G's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tradegate Wertpapierhandelsbank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (T2G) | 0.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Capital Markets) | 2.7% |
| Analyst forecast in 3 Years (T2G) | n/a |
Notable Dividend: T2G's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: T2G's dividend (0.83%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82%), T2G's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47%), T2G's dividend payments are well covered by cash flows.