Troy Income & Growth Trust Dividend
Dividend criteria checks 2/6
Troy Income & Growth Trust is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.0116 |
| Earnings per share | UK£0.046 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TIGTl's dividend payments have been volatile in the past 10 years.
Growing Dividend: TIGTl's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Troy Income & Growth Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TIGTl) | 1.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Capital Markets) | 2.8% |
| Analyst forecast (TIGTl) (up to 3 years) | n/a |
Notable Dividend: TIGTl's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.19%).
High Dividend: TIGTl's dividend (1.67%) is low compared to the top 25% of dividend payers in the UK market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.6%), TIGTl's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.8%), TIGTl's dividend payments are covered by cash flows.