Tessenderlo Group Dividend
Dividend criteria checks 2/6
Tessenderlo Group is a dividend paying company with a current yield of 3.11% that is well covered by earnings.
Key information
3.1%
Dividend yield
43%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.30 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TEZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: TEZ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tessenderlo Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TEZ) | 3.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Chemicals) | 5.0% |
Analyst forecast in 3 Years (TEZ) | 3.3% |
Notable Dividend: TEZ's dividend (3.11%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: TEZ's dividend (3.11%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), TEZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (155.3%), TEZ's dividend payments are not well covered by cash flows.