Tractor Supply Dividend
Dividend criteria checks 5/6
Tractor Supply is a dividend paying company with a current yield of 1.86% that is well covered by earnings. Next payment date is on 12th March, 2024 with an ex-dividend date of 23rd February, 2024.
Key information
1.9%
Dividend yield
41%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | 12 Mar 24 |
Ex dividend date | 23 Feb 24 |
Dividend per share | n/a |
Earnings per share | €10.24 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TR4's dividends per share have been stable in the past 10 years.
Growing Dividend: TR4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tractor Supply Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TR4) | 1.9% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Specialty Retail) | 3.6% |
Analyst forecast in 3 Years (TR4) | 2.2% |
Notable Dividend: TR4's dividend (1.86%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: TR4's dividend (1.86%) is low compared to the top 25% of dividend payers in the German market (5.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), TR4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82%), TR4's dividend payments are covered by cash flows.