TBC Bank Group Dividends and Buybacks
Dividend criteria checks 4/6
TBC Bank Group is a dividend paying company with a current yield of 6.19% that is well covered by earnings.
Key information
6.3%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 9.1% |
| Dividend Growth | 22.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£2.007 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
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 8 years.
Dividend Yield vs Market
| TBC Bank Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TBCGL) | 6.3% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Banks) | 5.4% |
| Analyst forecast (TBCGL) (up to 3 years) | 9.1% |
Notable Dividend: TBCGL's dividend (6.19%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: TBCGL's dividend (6.19%) is in the top 25% of dividend payers in the UK market (5.87%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 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 (32.5% payout ratio).