Tura Group Dividend
Dividend criteria checks 3/6
Tura Group is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
51%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 8WO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 8WO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Tura Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8WO) | 3.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Retail Distributors) | 2.5% |
Analyst forecast in 3 Years (8WO) | n/a |
Notable Dividend: 8WO's dividend (3.13%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: 8WO's dividend (3.13%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 8WO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.2%), 8WO's dividend payments are thoroughly covered by cash flows.