Daimler Truck Holding Dividend
Dividend criteria checks 2/6
Daimler Truck Holding is a dividend paying company with a current yield of 4.43% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.4%
Dividend yield
41%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | Mex$4.70 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DTG N's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DTG N's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Daimler Truck Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DTG N) | 4.4% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Machinery) | 0% |
| Analyst forecast in 3 Years (DTG N) | 6.3% |
Notable Dividend: DTG N's dividend (4.43%) is higher than the bottom 25% of dividend payers in the MX market (2.38%).
High Dividend: DTG N's dividend (4.43%) is low compared to the top 25% of dividend payers in the MX market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), DTG N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DTG N is paying a dividend but the company has no free cash flows.