Taylor Maritime Investments Dividend
Dividend criteria checks 2/6
Taylor Maritime Investments is a dividend paying company with a current yield of 7.69%. Next payment date is on 31st May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
7.7%
Dividend yield
-26%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | -US$0.31 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TMI has been paying a dividend for less than 10 years.
Growing Dividend: TMI's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Taylor Maritime Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TMI) | 7.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast in 3 Years (TMI) | n/a |
Notable Dividend: TMI's dividend (7.69%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: TMI's dividend (7.69%) is in the top 25% of dividend payers in the UK market (5.8%)
Earnings Payout to Shareholders
Earnings Coverage: TMI is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.9%), TMI's dividend payments are not well covered by cash flows.