Triple Point Energy Transition Dividend
Dividend criteria checks 2/6
Triple Point Energy Transition is a dividend paying company with a current yield of 7.72%. Next payment date is on 20th September, 2024 with an ex-dividend date of 5th September, 2024.
Key information
7.7%
Dividend yield
-76%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 20 Sep 24 |
Ex dividend date | 05 Sep 24 |
Dividend per share | UK£0.055 |
Earnings per share | -UK£0.073 |
Dividend yield forecast in 3Y | 7.7% |
Recent dividend updates
Triple Point Energy Transition's (LON:TENT) Dividend Will Be £0.0138
Jun 28Triple 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 16Recent updates
Triple Point Energy Transition's (LON:TENT) Dividend Will Be £0.0138
Jun 28Triple 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 11Upcoming Dividend Payment
Stability 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) | 7.7% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Capital Markets) | 2.8% |
Analyst forecast in 3 Years (TENT) | 7.7% |
Notable Dividend: TENT's dividend (7.72%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: TENT's dividend (7.72%) is in the top 25% of dividend payers in the UK market (5.48%)
Earnings Payout to Shareholders
Earnings Coverage: TENT is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.7%), TENT's dividend payments are not well covered by cash flows.