Tiangong International Company Limited

MUN:34T1 Stock Report

Market Cap: €525.7m

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 yield3.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share€0.0408
Earnings per share€0.12
Future Dividend Yield2.7%

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
How does 34T1 dividend yield compare to the market?
SegmentDividend 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.


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