Trans Power Marine Dividend
Dividend criteria checks 2/6
Trans Power Marine is a dividend paying company with a current yield of 13.24%. Next payment date is on 28th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
13.2%
Dividend yield
1,001,068%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 28 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | Rp0.0078 |
| Dividend yield forecast in 3Y | 13.4% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TPMA has been paying a dividend for less than 10 years.
Growing Dividend: TPMA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Trans Power Marine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPMA) | 13.2% |
| Market Bottom 25% (ID) | 1.5% |
| Market Top 25% (ID) | 6.1% |
| Industry Average (Shipping) | 3.2% |
| Analyst forecast in 3 Years (TPMA) | 13.4% |
Notable Dividend: TPMA's dividend (13.24%) is higher than the bottom 25% of dividend payers in the ID market (1.49%).
High Dividend: TPMA's dividend (13.24%) is in the top 25% of dividend payers in the ID market (6.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1001067.8%), TPMA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.2%), TPMA's dividend payments are not well covered by cash flows.