Taylor Maritime Investments Dividends and Buybacks
Dividend criteria checks 2/6
Taylor Maritime Investments is a dividend paying company with a current yield of 8.29%. Next payment date is on 29th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
8.3%
Dividend yield
0.8%
Buyback Yield
Total Shareholder Yield | 9.0% |
Future Dividend Yield | n/a |
Dividend Growth | 15.8% |
Next dividend pay date | 29 Nov 24 |
Ex dividend date | 07 Nov 24 |
Dividend per share | UK£0.0622 |
Payout ratio | -49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TMIP has been paying a dividend for less than 10 years.
Growing Dividend: TMIP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Taylor Maritime Investments Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TMIP) | 8.3% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Capital Markets) | 2.9% |
Analyst forecast (TMIP) (up to 3 years) | n/a |
Notable Dividend: TMIP's dividend (8.29%) is higher than the bottom 25% of dividend payers in the UK market (2.09%).
High Dividend: TMIP's dividend (8.29%) is in the top 25% of dividend payers in the UK market (5.8%)
Earnings Payout to Shareholders
Earnings Coverage: TMIP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.4%), TMIP's dividend payments are not well covered by cash flows.