TietoEVRY Oyj Dividends and Buybacks
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
0.4%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 7.2% |
| Dividend Growth | 0.5% |
| Next dividend pay date | 05 Oct 23 |
| Ex dividend date | 22 Sep 23 |
| Dividend per share | n/a |
| Payout ratio | 83% |
Recent dividend and buyback 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) | 5.9% |
| Industry Average (IT) | 3.3% |
| Analyst forecast (TIETOO) (up to 3 years) | 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.