Tornos Holding Dividends and Buybacks
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
-0.6%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 11.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 50% |
Recent dividend and buyback 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) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Machinery) | 2.4% |
| 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.