True Corporation Dividend
Dividend criteria checks 1/6
True is a dividend paying company with a current yield of 1.04%.
Key information
1.0%
Dividend yield
n/a
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.00325 |
| Earnings per share | -€0.53 |
| Dividend yield forecast | 1.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAF1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TAF1's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| True Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAF1) | 1.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Telecom) | 2.8% |
| Analyst forecast (TAF1) (up to 3 years) | 1.9% |
Notable Dividend: TAF1's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.56%).
High Dividend: TAF1's dividend (1.04%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate TAF1's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), TAF1's dividend payments are thoroughly covered by cash flows.