Troax Group Dividend
Dividend criteria checks 2/6
Troax Group is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
64%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 0.340 |
| Earnings per share | SEK 0.53 |
| Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TROAXS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TROAXS's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Troax Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TROAXS) | 1.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.4% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (TROAXS) (up to 3 years) | 2.3% |
Notable Dividend: TROAXS's dividend (1.78%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.07%).
High Dividend: TROAXS's dividend (1.78%) is low compared to the top 25% of dividend payers in the UK market (5.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), TROAXS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.8%), TROAXS's dividend payments are covered by cash flows.