TietoEVRY Oyj Dividend
Dividend criteria checks 5/6
TietoEVRY Oyj is a dividend paying company with a current yield of 6.49% that is well covered by earnings. Last payment was on 5th October, 2023 with an ex-dividend date of 22nd September, 2023.
Key information
6.5%
Dividend yield
83%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 05 Oct 23 |
Ex dividend date | 22 Sep 23 |
Dividend per share | n/a |
Earnings per share | kr1.75 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TIETOO's dividend payments have been volatile in the past 10 years.
Growing Dividend: TIETOO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TietoEVRY Oyj Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TIETOO) | 6.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (IT) | 2.6% |
Analyst forecast in 3 Years (TIETOO) | 7.2% |
Notable Dividend: TIETOO's dividend (6.49%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: TIETOO's dividend (6.49%) is in the top 25% of dividend payers in the UK market (5.94%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), TIETOO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.2%), TIETOO's dividend payments are covered by cash flows.