Thurgauer Kantonalbank is a dividend paying company with a current yield of 2.56% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.6%
Dividend yield
42%
Payout ratio
Industry average yield
6.4%
Next dividend pay date
05 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
CHF7.95
Dividend yield forecast in 3Y
2.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0QS4 has been paying a dividend for less than 10 years.
Growing Dividend: 0QS4's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Thurgauer Kantonalbank Dividend Yield vs Market
How does 0QS4 dividend yield compare to the market?
Segment
Dividend Yield
Company (0QS4)
2.6%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Banks)
6.4%
Analyst forecast in 3 Years (0QS4)
2.9%
Notable Dividend: 0QS4's dividend (2.56%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0QS4's dividend (2.56%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), 0QS4's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QS4's dividends in 3 years are forecast to be well covered by earnings (42.6% payout ratio).