Tubacex Dividends and Buybacks
Dividend criteria checks 3/6
Tubacex is a dividend paying company with a current yield of 1.81% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.09%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | -3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 23% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TUBE's dividend payments have been volatile in the past 10 years.
Growing Dividend: TUBE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tubacex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TUBE) | 1.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Metals and Mining) | 4.6% |
| Analyst forecast (TUBE) (up to 3 years) | 5.8% |
Notable Dividend: TUBE's dividend (1.81%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.18%).
High Dividend: TUBE's dividend (1.81%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), TUBE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), TUBE's dividend payments are thoroughly covered by cash flows.