United Tractors Dividend
Dividend criteria checks 4/6
United Tractors is a dividend paying company with a current yield of 9.48% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
9.5%
Dividend yield
42%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 22 May 24 |
Ex dividend date | 06 May 24 |
Dividend per share | n/a |
Earnings per share | €5.46k |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UTY's dividend payments have been volatile in the past 10 years.
Growing Dividend: UTY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
United Tractors Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UTY) | 9.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Oil and Gas) | 3.3% |
Analyst forecast in 3 Years (UTY) | 7.6% |
Notable Dividend: UTY's dividend (9.48%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: UTY's dividend (9.48%) is in the top 25% of dividend payers in the German market (4.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), UTY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (303.8%), UTY's dividend payments are not well covered by cash flows.