Triple Point Energy Transition Dividend
Dividend criteria checks 2/6
Triple Point Energy Transition is a dividend paying company with a current yield of 8.36%.
Key information
8.4%
Dividend yield
1,652%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.0033 |
Dividend yield forecast in 3Y | 8.4% |
Recent dividend updates
Triple Point Energy Transition (LON:TENT) Has Affirmed Its Dividend Of £0.0137
Mar 16Triple Point Energy Transition (LON:TENT) Has Announced A Dividend Of £0.0137
Dec 16Triple Point Energy Transition (LON:TENT) Has Affirmed Its Dividend Of £0.0138
Sep 04Recent updates
Triple Point Energy Transition (LON:TENT) Has Affirmed Its Dividend Of £0.0137
Mar 16Triple Point Energy Transition (LON:TENT) Has Announced A Dividend Of £0.0137
Dec 16Triple Point Energy Transition (LON:TENT) Has Affirmed Its Dividend Of £0.0138
Sep 04Triple Point Energy Transition (LON:TENT) Is Paying Out A Dividend Of £0.0138
Jun 22Triple Point Energy Transition (LON:TENT) Will Pay A Dividend Of £0.0138
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TENT has been paying a dividend for less than 10 years.
Growing Dividend: TENT has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Triple Point Energy Transition Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TENT) | 8.4% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Capital Markets) | 3.2% |
Analyst forecast in 3 Years (TENT) | 8.4% |
Notable Dividend: TENT's dividend (8.36%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: TENT's dividend (8.36%) is in the top 25% of dividend payers in the UK market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1652.1%), TENT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (161%), TENT's dividend payments are not well covered by cash flows.