Thungela Resources Dividend
Dividend criteria checks 4/6
Thungela Resources is a dividend paying company with a current yield of 15.45% that is well covered by earnings.
Key information
15.5%
Dividend yield
53%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£37.64 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGAL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TGAL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Thungela Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TGAL) | 15.5% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.8% |
Industry Average (Oil and Gas) | 4.2% |
Analyst forecast in 3 Years (TGAL) | 8.6% |
Notable Dividend: TGAL's dividend (15.45%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: TGAL's dividend (15.45%) is in the top 25% of dividend payers in the UK market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), TGAL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.6%), TGAL's dividend payments are covered by cash flows.