Transcontinental Dividend
Dividend criteria checks 6/6
Transcontinental is a dividend paying company with a current yield of 6.44% that is well covered by earnings.
Key information
6.4%
Dividend yield
79%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.14 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 53L's dividends per share have been stable in the past 10 years.
Growing Dividend: 53L's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Transcontinental Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (53L) | 6.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Packaging) | 3.5% |
Analyst forecast in 3 Years (53L) | 6.8% |
Notable Dividend: 53L's dividend (6.44%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 53L's dividend (6.44%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79%), 53L's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), 53L's dividend payments are well covered by cash flows.