Taiheiyo Cement Dividends and Buybacks
Dividend criteria checks 5/6
Taiheiyo Cement is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.1%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 5.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.486 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TIE's dividends per share have been stable in the past 10 years.
Growing Dividend: TIE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Taiheiyo Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TIE) | 2.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Basic Materials) | 3.0% |
| Analyst forecast (TIE) (up to 3 years) | 2.5% |
Notable Dividend: TIE's dividend (2.15%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TIE's dividend (2.15%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.5%), TIE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31%), TIE's dividend payments are well covered by cash flows.