Tipco Asphalt Dividend
Dividend criteria checks 5/6
Tipco Asphalt is a dividend paying company with a current yield of 7.81% that is well covered by earnings.
Key information
7.8%
Dividend yield
86%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.46 |
Dividend yield forecast in 3Y | 9.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NVP5's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVP5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tipco Asphalt Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NVP5) | 7.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Basic Materials) | 3.4% |
Analyst forecast in 3 Years (NVP5) | 9.4% |
Notable Dividend: NVP5's dividend (7.81%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: NVP5's dividend (7.81%) is in the top 25% of dividend payers in the German market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.6%), NVP5's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.6%), NVP5's dividend payments are covered by cash flows.