Tesco Dividend
Dividend criteria checks 3/6
Tesco is a dividend paying company with a current yield of 3.35% that is well covered by earnings.
Key information
3.4%
Dividend yield
49%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | UK£0.121 |
Earnings per share | UK£0.26 |
Dividend yield forecast | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSCOl's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSCOl's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Tesco Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TSCOl) | 3.4% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Consumer Retailing) | 3.1% |
Analyst forecast (TSCOl) (up to 3 years) | 4.3% |
Notable Dividend: TSCOl's dividend (3.35%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: TSCOl's dividend (3.35%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), TSCOl's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.5%), TSCOl's dividend payments are well covered by cash flows.