Tornos Holding Dividend
Dividend criteria checks 2/6
Tornos Holding is a dividend paying company with a current yield of 5.86% that is well covered by earnings.
Key information
5.9%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CHF 0.60 |
| Dividend yield forecast | 4.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TOHNZ has been paying a dividend for less than 10 years.
Growing Dividend: TOHNZ's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Tornos Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOHNZ) | 5.9% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast (TOHNZ) (up to 3 years) | 4.9% |
Notable Dividend: TOHNZ's dividend (5.86%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: TOHNZ's dividend (5.86%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.7%), TOHNZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TOHNZ is paying a dividend but the company has no free cash flows.