TXNM Energy Dividend
Dividend criteria checks 3/6
TXNM Energy is a dividend paying company with a current yield of 3.85%.
Key information
3.9%
Dividend yield
164%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €1.550 |
Earnings per share | €0.92 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 98P's dividends per share have been stable in the past 10 years.
Growing Dividend: 98P's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TXNM Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (98P) | 3.9% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.9% |
Industry Average (Electric Utilities) | 4.7% |
Analyst forecast in 3 Years (98P) | 4.3% |
Notable Dividend: 98P's dividend (3.85%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 98P's dividend (3.85%) is low compared to the top 25% of dividend payers in the German market (4.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (163.6%), 98P's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 98P is paying a dividend but the company has no free cash flows.