TBC Bank Group Dividend
Dividend criteria checks 4/6
TBC Bank Group is a dividend paying company with a current yield of 7.16% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
7.2%
Dividend yield
28%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | UK£20.72 |
| Dividend yield forecast in 3Y | 10.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TBCGL has been paying a dividend for less than 10 years.
Growing Dividend: TBCGL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| TBC Bank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBCGL) | 7.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 6.2% |
| Analyst forecast in 3 Years (TBCGL) | 10.1% |
Notable Dividend: TBCGL's dividend (7.16%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: TBCGL's dividend (7.16%) is in the top 25% of dividend payers in the UK market (5.82%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), TBCGL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TBCGL's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).