Ten Entertainment Group Dividend
Dividend criteria checks 3/6
Ten Entertainment Group is a dividend paying company with a current yield of 2.55% that is well covered by earnings.
Key information
2.6%
Dividend yield
35%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.30 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TEGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TEGL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Ten Entertainment Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TEGL) | 2.6% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Hospitality) | 2.1% |
Analyst forecast in 3 Years (TEGL) | 4.3% |
Notable Dividend: TEGL's dividend (2.55%) is higher than the bottom 25% of dividend payers in the UK market (2.18%).
High Dividend: TEGL's dividend (2.55%) is low compared to the top 25% of dividend payers in the UK market (6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), TEGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), TEGL's dividend payments are well covered by cash flows.