Tiangong International Dividend
Dividend criteria checks 2/6
Tiangong International is a dividend paying company with a current yield of 2.63% that is well covered by earnings.
Key information
2.6%
Dividend yield
33%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €0.0408 |
Earnings per share | €0.12 |
Future Dividend Yield | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 34T1's dividend payments have been volatile in the past 10 years.
Growing Dividend: 34T1's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tiangong International Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (34T1) | 2.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Metals and Mining) | 3.1% |
Analyst forecast (34T1) (up to 3 years) | 2.7% |
Notable Dividend: 34T1's dividend (2.63%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 34T1's dividend (2.63%) is low compared to the top 25% of dividend payers in the German market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), 34T1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 34T1 is paying a dividend but the company has no free cash flows.