Tropical Battery Dividends and Buybacks
Dividend criteria checks 1/6
Tropical Battery is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$0.040 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TROPICAL has been paying a dividend for less than 10 years.
Growing Dividend: TROPICAL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Tropical Battery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TROPICAL) | 1.6% |
| Market Bottom 25% (JM) | 1.9% |
| Market Top 25% (JM) | 3.3% |
| Industry Average (Retail Distributors) | 2.7% |
| Analyst forecast (TROPICAL) (up to 3 years) | n/a |
Notable Dividend: TROPICAL's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.9%).
High Dividend: TROPICAL's dividend (1.61%) is low compared to the top 25% of dividend payers in the JM market (3.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), TROPICAL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TROPICAL is paying a dividend but the company has no free cash flows.