Tootsie Roll Industries Dividend
Dividend criteria checks 4/6
Tootsie Roll Industries is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
27%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TZ3's dividends per share have been stable in the past 10 years.
Growing Dividend: TZ3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tootsie Roll Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TZ3) | 1.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Food) | 3.8% |
Analyst forecast in 3 Years (TZ3) | n/a |
Notable Dividend: TZ3's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: TZ3's dividend (1.17%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), TZ3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.9%), TZ3's dividend payments are well covered by cash flows.