Tipco Asphalt Dividends and Buybacks
Dividend criteria checks 4/6
Tipco Asphalt is a dividend paying company with a current yield of 6.68%.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.250 |
| Payout ratio | 147% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPY1's dividend payments have been volatile in the past 10 years.
Growing Dividend: TPY1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tipco Asphalt Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPY1) | 6.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Basic Materials) | 3.0% |
| Analyst forecast (TPY1) (up to 3 years) | 6.3% |
Notable Dividend: TPY1's dividend (6.68%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: TPY1's dividend (6.68%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (147.4%), TPY1's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70%), TPY1's dividend payments are covered by cash flows.