TXT e-solutions is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
1.2%
Dividend yield
19%
Payout ratio
Industry average yield
1.3%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€1.32
Dividend yield forecast in 3Y
1.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TXE's dividend payments have been volatile in the past 10 years.
Growing Dividend: TXE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TXT e-solutions Dividend Yield vs Market
How does TXE dividend yield compare to the market?
Segment
Dividend Yield
Company (TXE)
1.2%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Software)
1.3%
Analyst forecast in 3 Years (TXE)
1.4%
Notable Dividend: TXE's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: TXE's dividend (1.16%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.9%), TXE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), TXE's dividend payments are well covered by cash flows.