Taylor Maritime Investments Limited

LSE:TMIP Stock Report

Market Cap: UK£249.4m

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 Yield9.0%
Future Dividend Yieldn/a
Dividend Growth15.8%
Next dividend pay date29 Nov 24
Ex dividend date07 Nov 24
Dividend per shareUK£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
How does TMIP dividend yield compare to the market?
SegmentDividend 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.


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