Trans-Nationwide Express Dividends and Buybacks
Dividend criteria checks 1/6
Trans-Nationwide Express is a dividend paying company with a current yield of 1.63%.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -31.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.020 |
| Payout ratio | -11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRANSEXPR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRANSEXPR's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Trans-Nationwide Express Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRANSEXPR) | 1.6% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Logistics) | 6.9% |
| Analyst forecast (TRANSEXPR) (up to 3 years) | n/a |
Notable Dividend: TRANSEXPR's dividend (1.63%) is higher than the bottom 25% of dividend payers in the NG market (1.6%).
High Dividend: TRANSEXPR's dividend (1.63%) is low compared to the top 25% of dividend payers in the NG market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: TRANSEXPR is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.4%), TRANSEXPR's dividend payments are not well covered by cash flows.