Thrace Plastics Holding Dividends and Buybacks
Dividend criteria checks 5/6
Thrace Plastics Holding is a dividend paying company with a current yield of 6.03% that is well covered by earnings. Next payment date is on 29th January, 2025 with an ex-dividend date of 23rd January, 2025.
Key information
6.0%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 18.4% |
| Next dividend pay date | 29 Jan 25 |
| Ex dividend date | 23 Jan 25 |
| Dividend per share | €0.239 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TP3's dividend payments have been volatile in the past 10 years.
Growing Dividend: TP3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thrace Plastics Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TP3) | 6.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Chemicals) | 5.6% |
| Analyst forecast (TP3) (up to 3 years) | 6.1% |
Notable Dividend: TP3's dividend (6.03%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TP3's dividend (6.03%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.5%), TP3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84%), TP3's dividend payments are covered by cash flows.